New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers on Nostr: US Existing Home Sales Dip for Second Consecutive Month as House Prices Rise ...
US Existing Home Sales Dip for Second Consecutive Month as House Prices Rise
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#e535966b ver:0.43
US existing home sales decline for second consecutive month as prices rise. Sales fell 1.9% in April, below projected rate, due to high mortgage rates and rising prices. However, housing inventory increased by 9%, which may stabilize prices. Median sales price rose 5.7% to $407,600, highest for April. Surge in mortgage rates and scarcity of entry-level homes contribute to challenges. Economists expect further decline in home sales. Federal Reserve policies and inventory levels will shape housing market. #RealEstate #HomeSales #HousingMarket...
#newstr #UsHomeSales #HousingMarket #MortgageRates #HousePrices
https://here.news/story/e535966b?ver=0.43
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#e535966b ver:0.43
US existing home sales decline for second consecutive month as prices rise. Sales fell 1.9% in April, below projected rate, due to high mortgage rates and rising prices. However, housing inventory increased by 9%, which may stabilize prices. Median sales price rose 5.7% to $407,600, highest for April. Surge in mortgage rates and scarcity of entry-level homes contribute to challenges. Economists expect further decline in home sales. Federal Reserve policies and inventory levels will shape housing market. #RealEstate #HomeSales #HousingMarket...
#newstr #UsHomeSales #HousingMarket #MortgageRates #HousePrices
https://here.news/story/e535966b?ver=0.43