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Key Takeaways National Association of Realtors data showed that the housing market gained momentum in December. However, annual existing home sales were at their lowest since 1995. The late-year ...
Existing home sales declined in 2024 to the lowest level since 1995, while median home prices rose to a record high as elevated mortgage rates confound the market.
Despite high prices and mortgage rates, existing-home sales in the last three months of 2024 “showed solid recovery,” ...
Year-over-year, contract signings retreated in all four U.S. regions, with the Midwest showing the biggest reduction.
Such so-called pending sales are an indicator of future closings and the most current indicator of activity in the market.
Sales of previously owned homes rose last month, but not enough to prevent 2024 from being the slowest year for home transactions in nearly 30 years. Existing-home sales rose 2.2% on the month in ...
The existing-home sales slump coupled with a strong tally in new-home sales means that new homes now account for 14.4% of all ...
Existing-home sales at the end of 2024 were at their overall lowest level in nearly three decades. This is according to a report released Friday by the National Association of Realtors ...
New home sales rose 3.6% in December, ending 2024 higher amid limited inventory, the NAHB said. The median price increased 2.1% overall.
The Pending Home Sales Index, which tracks contract signings on existing homes, dropped 5.5% from November to December as ...
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