August home sales drop more than expected as prices set a record - NBC News
WEB21 hours ago · The median price of an existing home sold in August was $416,700, up 3.1% from the same month in 2023. That is the highest price ever for August. Since it’s a median, though, part of that gain ...
Home sales slumped in August. But they’re poised to soar after …
WEB19 hours ago · The latest news on mortgage rates is an encouraging sign for buyers on the sidelines waiting for housing affordability to improve. ... That was the lowest August sales level since 2010. Meanwhile ...
US home sales fell in August despite easing ... - Associated Press News
WEB21 hours ago · LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market continued to rise. Existing home sales fell 2.5% last month, from July, to a seasonally adjusted annual rate of 3.86 million, the National Association of ...
Sales of Existing Homes Slump in August Despite Lower Rates - realtor.com
WEB21 hours ago · The August sales figure, which excludes new construction, represented a 4.2% drop from one year ago and the lowest number for August since 2010. Still, prices continued to rise, with the $416,700 ...
US home sales fell in August despite easing mortgage rates ... - ABC News
WEB21 hours ago · Existing home sales fell 2.5% last month, from July, to a seasonally adjusted annual rate of 3.86 million, the National Association of Realtors said Thursday. Sales fell 4.2% compared with August ...
U.S. Home Sales Slipped in August Despite Falling Mortgage Rates
WEB1 day ago · U.S. home sales fell in August as the recent decline in mortgage rates failed to offset home prices that remain near record highs. Sales of previously owned homes in August fell 2.5% from the ...
US economy on solid ground as retail sales surprise on the upside
WEB2 days ago · Retail sales increased 2.1% on a year-on-year basis in August. Online store sales rebounded 1.4% after falling 0.4% in July. ... The raft of upbeat news on the economy was extended by other data ...
US Existing-Home Sales Fall in August on Affordability Challenges ...
WEB21 hours ago · Sales of existing US homes fell in August to a 10-month low on persistent affordability challenges ahead of a recent decline in mortgage rates. Contract closingsdecreased 2.5% from a month earlier ...
US existing home sales drop in August; supply improves
WEB21 hours ago · At August's sales pace, it would take 4.2 months to exhaust the current inventory of existing homes, up from 3.3 months a year ago. A four-to-seven-month supply is viewed as a healthy balance ...
America’s economic engine is still revving, despite fears of a ... - CNN
WEB2 days ago · A key driver of the US economy remains solid. Spending at US retailers rose 0.1% in August from the prior month, the Commerce Department reported Tuesday. That’s a much slower pace than July’s ...