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Home sales dropped 5.9% last month to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said on Thursday morning.
Meanwhile, the median existing-home price for all housing types rose 2.7% year-over-year (YoY) in March to $403,700. Total housing inventory registered at the end of March rose 8.1% sequentially ...
Existing-home sales account for the majority of the US total and are calculated when a contract closes. Government data Wednesday showed that new-home sales jumped last month as the South ...
While existing home sales were down in every region, the West saw the biggest decline, a 9.4% fall from February, but the annual rate of 770,000 sold was up 1.3% from March 2024. The median price ...
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 ...
The median existing home price increased 2.7% from a year earlier to $403,700 in March. At March's sales pace, it would take 4.0 months to exhaust the current inventory of existing homes, up from ...
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