Home Sales Dip as Prices Surge to New Highs
" data-src="https://cdn.nar.realtor/sites/default/files/styles/inline_paragraph_image/public/for-sale-sign-illustration-1200w-628h.png?itok=6ApODVjN" class="b-lazy" width="1200" height="628" alt="For sale sign illustration" title="For sale sign illustration"> Existing-home sales fell to their lowest
Existing-Home Sales Slid 1.0% in December
Key Highlights Existing-home sales waned 1.0% in December to a seasonally adjusted annual rate of 3.78 million. Sales faded 6.2% from the previous year. The median existing-home sales price rose 4.4% from December 2022 to $382,600 – the sixth consecutive month of year-over-year price increases. On a
Instant Reaction: Mortgage Rates, January 18, 2024
Home buyers should be pleased with the continuing drop in mortgage interest rates this week. If they can find a home, they can lock in a mortgage interest rate of 6.60% this week, down from 6.66% last week. This is the lowest mortgage interest rate in eight months (May 2023 mortgage interest rates w
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