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U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years
U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to stubbornly high mortgage rates. High costs related to homeownership sapped sales again.
US home sales in 2024 fell to lowest level since 1995
Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and elevated mortgage rates squeezed home buyers.
US home sales in 2024 fell to the lowest level in nearly 30 years as prices, and mortgages, soar
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out of the market.
Sales of existing homes fell to the lowest level since 1995 last year
With declining affordability, sales of existing homes in 2024 fell to 4.06 million, the lowest level since 1995. However, the median home price reached ano
3h
The U.S. just experienced its slowest annual sales of homes since 1995
The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
5h
on MSN
8 Sales to Shop Now: Le Creuset Chef’s Ovens, Free People Clothing, and the Denim Brand Taylor Swift Wears
Free People clothing at Nordstrom, Le Creuset kitchenware, and slippers from an Oprah-approved brand are some of the best ...
5h
Canada December factory sales most likely up 0.6% -Statscan flash estimate
Canadian factory sales most likely rose 0.6% in December from November, largely driven by increases in the petroleum and coal ...
National Catholic Register
1h
How St. Francis De Sales Overcame His Temper to Become a Saint of Kindness
Doctor of the Church relied on divine grace and the maternal care of the Virgin Mary to temper that vice and become a man of ...
HousingWire
2h
Existing-home sales finish a dismal year on a high note
Existing home sales finished 2024 on a high note at a seasonally adjusted annual rate of 4.24 million, a 9.3% annual increase ...
8h
UK retailers post big drop in sales, CBI says
British retailers reported a sharp drop in sales volumes during the year to January and they expect no improvement next month ...
2d
on MSN
Rosy December for small business sales, but restaurants are left out
Small businesses had a merry December, as shoppers wrapped up their holiday shopping. That’s according to the Fiserv Small ...
1d
on MSN
New car average transaction prices flirt with record highs and GM, Ford EV sales soar
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall ...
19h
Austin's Million-Dollar Home Sales Stall as Other Texas Cities See Increase
Whereas other cities in Texas are increasing their million-dollar home sales, Austin's million-dollar home sales have stayed relatively flat.
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