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Sales of Existing Homes Plunge to Their Slowest March Pace Since 2009, in Warning Sign for Spring Housing Season
On a monthly basis, sales of existing homes dropped in all four major U.S. Census Bureau regions in March, plunging 9.4% in the West, dropping 5.7% in the South, falling 5% in the Midwest, and waning 2% in the Northeast.
US existing home sales fall more than expected in March
WASHINGTON, April 24 (Reuters) - U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an ...
March Home Sales Slowed in a Lethargic Opening to the Spring Buying Season
Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers
Sales of existing homes in the U.S. fell in March
March sales of existing homes in the U.S. were down in March, but median home price exceeded $400,000 for the first time, National Association of Realtors data shows.
US existing home sales see biggest drop since 2022
Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on
US existing home sales retreat more than expected in March
Sales of existing US homes pulled back more than expected in March, according to industry data released Thursday, as mortgage rates remained high and weighed on affordability for homebuyers.
March home sales drop to their slowest pace since 2009
Home sales in March were weaker than expected, due to higher mortgage rates and concern over the broader economy.
Existing home sales fall to lowest level since 2022
Sales of previously owned U.S. homes fell in March by 6%, the most since 2022, according to the National Association of Realtors. CBS News senior business and technology correspondent Jo Ling Kent explains what the figures could suggest about the state of the economy.
Existing-Home Sales Fall More Than Projected as Prices Hit March Record
US existing home sales decreased more than expected in March as prices reached a record high for the month, according to data released Thursday by the National Association of Realtors. Existing home sales dropped 5.
US Existing-Home Sales Fall 5.9% In March, Median Price For All Housing Types Rises
National Association of Realtors Chief Economist Lawrence Yun said that home buying and selling remained sluggish in March due to the affordability challenges associated with high mortgage rates.
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US home sales rose in February as mortgage rates eased and more homes put up for sale
Home prices increased on an annual basis for the 20th consecutive month. The national median sales price rose 3.8% in February from a year earlier to $398,400, an all-time high for the month ...
Reuters6d
US new home sales jump in March; supply still rising
WASHINGTON, April 23 (Reuters) - Sales of new U.S. single-family homes increased more than expected in March as buyers rushed to take advantage of a decline in mortgage rates, but a gloomy ...
New York Post4d
Home sales slump at start of crucial spring buying season as high mortgage rates and rising prices deter buyers
Sales of previously occupied US homes slowed in March ... prices discouraged prospective home shoppers. Existing home sales fell 5.9% last month from February to a seasonally adjusted ...
Metro Phoenix home sales climb as mortgage rates tick down
Metro Phoenix home sales climbed in March as mortgage rates ticked down. Sales prices held steady even as the supply of ...