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. The median existing-home sales price advanced 4.8% from January 2024 to $396,900, the 19th consecutive month of year-over-year price increases.
Tariffs could raise material costs for homebuilders, and a crackdown on immigration could make construction workers even ...
Higher mortgages rates and record home prices kept sales subdued for the second straight year.
Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). Sales grew 9.3% from one year ago ...
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Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are ...
Home sales data expected Friday will reflect old news: home buyers and sellers had a tough winter. Investors should keep ...
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Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage ...
Market Domination Overtime's Julie Hyman and Alexandra Canal preview the top stories and economic data investors should pay ...
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