home sales
New home sales dropped less than expe🅠cted ahead of ꦑFed rate cut
Decl𝄹ining mortgage rates and house prices could stimulate demand in the months ahead. 🍸
Mortgage rates c🍒reep closer to 6% — the lowest level since ear🌌ly 2023
The latest pullback in rates should help spur demand for refinancing and home purchase loans, said Sam Khater, Freddie Mac’s chief economist. ꦓ
Home sales 'disappointing again' -- but Fed rate cut could be silver lining for buyers
Lower mortgage rates could 🅺entice more ✅homeowners to put their homes on the market, which could increase supply.
♔ Pending home sales hit record low in July as high p🐠rices sideline potential buyers
"The positive impact of job growth and higher inventory could nᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚot overcome afforda𝕴bility challenges and some degree of wait-and-see related to the upcoming US presidential election," NAR's Lawrence Yun said.
Home prices hit record high in June: 'Most unaffordable housing market in history'
Prices increased 5.4% nationally in June when compared with the previous year, the S&P CoreLogic Cꦆase-Shiller index showed.
Home sales rise more than expected, ending 4-month skid: 'Definitely seeing more choices'
🗹 💧Improving supply and declining mortgage rates offered hope that activity could rebound in the months ahead.
Lowe's follows rival Home Depot with dismal profit forecast: 'People aren't moving'
Tepid demand for do-it-yourself projects, which account for more than half of Lowe's sales, led to Q2 same-store sales missi�🌟�ng analysts' estimates.
Construction of new homes slumps for 5th straꦗight month 💫despite drop in mortgage rates
US single-family homebuilding dropped to near a 1-1/2-year low in July due in part to Hurricane Beryl's disruption of actiඣvity, but rising new housing supply could limit a rebound.
Want a starter home? It'll cost you $1M in over 200 US cities
A $1 million starter home is the norm in 237 cities, up from 84 cities five years ago, according to a new Zillow ✃study. 🧜
Home sales slump in June, signaling buyer's market as prices hit another record high
"Homes are sitting on the market a bit longer, and sellers are receiving fewer offers," said Lawrence Yun, the NAR's ch♔ief economist. 🤡
More than half of Manhattan homes are bought in all-cash deals -- and it's quickly becoming the standard
So many buyers are paying🦩 in full up front that it’s become the standard across Manha♛ttan, according to data from Marketproof and ATTOM.
New home sales plummet to lowes🎃t level since November as mortgage ꦫrates stay high
The median new house price fell 0.9% to $417,400 in May from a🌳 year ago. Nearly half of t🌱he new homes sold last month were priced under $399,000.
Housing market won't come 'unstuck' until 2026, economists predict — here's why
The economists cited a "one-time shift" in demand duringThe economists said th🎃ey predict home prices will rise by about 4.5% in 2024 a𝓰nd 5% in 2025, then fall back to...
Home prices hit new record high as shortage deepens pain for w🍃ould-be buyers
Prices increased 6.3% nationally in April when compared with the previou🉐s year, the S&P CoreLogic Case-Shiller index showed and 0.3% on a monthly basis.
Home sales drop ⭕for third stra🐭ight month as prices hit record high
The national median sales price rose 5.8% fr𓆉om a year earlier to $419,300, an all-time high on records going back to 1999. It’s also up 51% from five years ago.
Zillow hacker lists couple's home 'for sale by owner' for $10,200: 'A hot mess'
An unsuspecting husband and wife have found themselves at the center of🏅 a bizarre real estat🅷e racket.
Pending home sales plunge 🎃to lowest level since pandemic began
"The impact of escalating interest rates throughout April dampened home buyi⛦ng, even with more inventory in the market," NAR's chief economist said.
Mortgage rates fall bel🍎ow 7% for first time in over a month in boost for homebuye🤡rs
The rate on a 30-year mortgage fell to 6.94% from 7.02% last week, the third straight weekly decline. ꦅ
Home sales unexpectedly drop nearly 2% amid high mortgage rates and rising prices ♓
Existing home sales fell 1.9% t♛o a seasonally adjusted annual rate of 4.14 million in April, compared with estimates of 4.2 million.
Home prices surge to anꦛother record high in February, defying expectations
Home prꦫices in San Dieg💖o, Los Angeles, Washington, DC, and New York all hit an all-time high in February.