U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years
U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to stubbornly high mortgage rates. High costs related to homeownership sapped sales again.
US home sales in 2024 fell to lowest level since 1995
Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and elevated mortgage rates squeezed home buyers.
US home sales in 2024 fell to the lowest level in nearly 30 years as prices, and mortgages, soar
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out of the market.
Sales of existing homes fell to the lowest level since 1995 last year
With declining affordability, sales of existing homes in 2024 fell to 4.06 million, the lowest level since 1995. However, the median home price reached ano
Existing-home sales fall to 30-year low in 2024
U.S. existing-home sales fell in 2024 to the lowest level in 30 years, as high mortgage rates and low housing inventory weighed on home-buying activity. Home sales fell in 2024 to a 4.06 million pace,
US home sales in 2024 weakest in nearly 30 years
Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry
Alert: US existing home sales in 2024 tumble to lowest level in nearly 30 years as median price hits an unprecedented $407,500
US existing home sales in 2024 tumble to lowest level in nearly 30 years as median price hits an unprecedented $407,500. The property has been used for several hotels and motels over the years, but is aging
The U.S. just experienced its slowest annual sales of homes since 1995
The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
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