New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers on Nostr: Home Sales Drop and Sellers Slash Prices in the US Housing Market =============== ...
Home Sales Drop and Sellers Slash Prices in the US Housing Market
===============
#e535966b ver:0.54
US existing home sales drop for the second consecutive month, down 1.9% in April, due to high mortgage rates and rising prices. Housing inventory increases, but entry-level homes remain scarce. Median sales price reaches a record high of $407,600, with prices rising in the $1 million+ range. Economists expect further decline in home sales. New home sales also weaker than expected, down 4.7% in April. US house price growth slows due to rising mortgage rates. House price expectations reach a 16-year high. Australian home prices continue to rise, while Indian home prices are expected to rise 6%. China's new home prices increase for the ninth consecutive month. US home sales hit record low in May, with 19.2% of homes having price cuts. Median sale price reaches record high of $436,716. #housingmarket #homesales #realestate #mortgagerates #homeprices...
#newstr #UsHousingMarket #HomeSales #HousePrices #RealEstate #HousingInventory #MortgageRates
https://here.news/story/e535966b?ver=0.54
===============
#e535966b ver:0.54
US existing home sales drop for the second consecutive month, down 1.9% in April, due to high mortgage rates and rising prices. Housing inventory increases, but entry-level homes remain scarce. Median sales price reaches a record high of $407,600, with prices rising in the $1 million+ range. Economists expect further decline in home sales. New home sales also weaker than expected, down 4.7% in April. US house price growth slows due to rising mortgage rates. House price expectations reach a 16-year high. Australian home prices continue to rise, while Indian home prices are expected to rise 6%. China's new home prices increase for the ninth consecutive month. US home sales hit record low in May, with 19.2% of homes having price cuts. Median sale price reaches record high of $436,716. #housingmarket #homesales #realestate #mortgagerates #homeprices...
#newstr #UsHousingMarket #HomeSales #HousePrices #RealEstate #HousingInventory #MortgageRates
https://here.news/story/e535966b?ver=0.54