Existing home sales were down by more than 35% last month compared to November 2021.
Existing home sales are down on an annual basis at theirsince May 2020, when the real estate market briefly went cold early in the pandemic before exploding, and otherwise the worst mark since November 2010, amid the Great Recession.
“The residential real estate market was frozen” this November, the National Association of Realtors’ chief economist Lawrence Yun wrote in a statement, citing “the rapid increase in mortgage rates” as the “principal reason” for real estate’s month to forget.to Freddie Mac.A rapid decline in existing home sales is just one of several worrying data points for the housing market, with
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
U.S. Home Sales Dropped 7.7% in November, a Record 10th Straight Month of DeclinesU.S. existing home sales slid in November for a 10th straight month, extending a record streak of declines as high mortgage rates and home prices pushed many buyers out of the market.
Weiterlesen »
U.S. existing-home sales fall for the 10th straight month in November — longest losing streak on recordExisting-home sales fell to 4.09 million in November, the National Association of Realtors said
Weiterlesen »
US: Existing Home Sales decline by 7.7% in November vs. 0% expectedUS: Existing Home Sales decline by 7.7% in November vs. 0% expected – by eren_fxstreet RealEstate Housing UnitedStates Macroeconomics EconomicIndicator
Weiterlesen »
Home sales continued to drop in November | CNN BusinessHome sales in the United States declined for the 10th month in a row in November as surging mortgage rates topped 7% and stubbornly high prices kept buyers out of the market.
Weiterlesen »
Richmond's most expensive home sales in 2022The number of homes that sold for a million dollars or more doubled this year, according to an Axios analysis of data from the Richmond Association of Realtors.
Weiterlesen »
Rolling Hills community opens single-family home sales in St. Johns CountyPre-sales for new homes in the Rolling Hills community are now available. The homes start in the low $300,000s and are a few miles from St. Augustine.
Weiterlesen »