New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers on Nostr: US Existing Home Sales Decline for Third Consecutive Month as Prices Reach Record ...
US Existing Home Sales Decline for Third Consecutive Month as Prices Reach Record High
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#e535966b ver:0.59
US existing home sales declined for the third consecutive month in May, with a 0.7% drop, as prices reached a record high of $419,300. The dip in sales, along with a decline in housing starts and building permits, suggests that rising mortgage rates have slowed down the housing market recovery. However, there has been an increase in housing inventory, and economists predict that increased supply will help boost home sales and moderate price gains in the coming months. #RealEstate #HousingMarket #HomeSales...
#newstr #ExistingHomeSales #UsEconomy #HousingMarket #NationalAssociationOfRealtors
https://here.news/story/e535966b?ver=0.59
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#e535966b ver:0.59
US existing home sales declined for the third consecutive month in May, with a 0.7% drop, as prices reached a record high of $419,300. The dip in sales, along with a decline in housing starts and building permits, suggests that rising mortgage rates have slowed down the housing market recovery. However, there has been an increase in housing inventory, and economists predict that increased supply will help boost home sales and moderate price gains in the coming months. #RealEstate #HousingMarket #HomeSales...
#newstr #ExistingHomeSales #UsEconomy #HousingMarket #NationalAssociationOfRealtors
https://here.news/story/e535966b?ver=0.59