Home Sales Fell 4.9% in January, Extending Slump in Housing Market
Home prices and mortgage rates, which were a drag on home sales for most of 2024, stayed elevated and put off many buyers.
Existing-Home Sales Decreased 4.9% in January, But Increased Year-Over-Year for Fourth Consecutive Month
Existing-home sales slid 4.9% in January to a seasonally adjusted annual rate of 4.08 million. However, sales rose 2.0% from one year ago, the fourth straight monthly year-over-year increase.
January existing home sales off 4.9%
Sales of previously owned U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market.
Home Sales Dropped in January, Extending Downturn
Home sales in January likely declined, as home prices and mortgage rates remained too high to attract buyers. Sales of previously owned homes likely fell 2.6% in January from December, economists surveyed by The Wall Street Journal estimate.
Existing home sales fell 4.9% in January, continuing slump
Sales of existing homes slipped 4.9% in January, but year-over-year sales were up 2% as high prices and mortgage rates keep some potential buyers on the
January Existing-Home Sales Fall More Than Expected, NAR Data Show
Existing home sales in the US dropped more than projected in January amid elevated mortgage rates and house prices, according to data released Friday by the National Association of Realtors. Existing home sales decreased 4.
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...
US existing home sales fall more than expected in January
U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates ...
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the ...
New York Post2d
Housing market mired in slump as January home sales drop more than expected
Sales of previously occupied US homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market. Sales fell 4.9 ...
Putnam Daily Voice1d
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are ...
Existing home sales in January fall 4.9%
Chappell Roan is featured in the new docuseries “Faces of Music” and is seen without makeup for part of the show along with ...