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US Home Sales Plunge To Lowest Level Since 1995
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.
2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach
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.
U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years
Higher mortgages rates and record home prices kept sales subdued for the second straight year.
1d
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.
1d
US existing home sales rise in December; house prices hit record high in 2024
U.S. existing home sales increased to a 10-month high in December, but further gains are likely to be limited by elevated ...
21h
2024 Palm Beach County home sales lowest in at least 10 years but prices keep rising
Just 127 Palm Beach County single-family homes sold last year for $149,000 or less. At the same time, 3,226 homes sold for $1 ...
1d
on MSN
Existing Home Sales Hit a Multidecade Low. Why Are Economists Upbeat About the Housing Market?
Existing-home sales were higher in December, but still came in at their lowest levels since 1995. Economists see positive ...
1d
on MSN
Volkswagen targets higher EV sales to avoid hefty €1.5 billion EU emission fines
EU countries such as France and Italy have urged Brussels to ditch the penalties for embattled European carmakers, who have ...
3d
on MSN
New car average transaction prices flirt with record highs and GM, Ford EV sales soar
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall ...
4d
on MSN
Rosy December for small business sales, but restaurants are left out
Small businesses had a merry December, as shoppers wrapped up their holiday shopping. That’s according to the Fiserv Small ...
1d
Canada December factory sales most likely up 0.6% -Statscan flash estimate
Canadian factory sales most likely rose 0.6% in December from November, largely driven by increases in the petroleum and coal ...
Arabian Business
8h
Dubai real estate sector recorded $3.8bn of transactions last week, including $15.5m Palm Jumeirah apartment
The Dubai real estate sector recorded AED13.83m ($3.8bn) of transactions last week, according to data from the Land ...
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