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US existing home sales fall in May as prices hit record high, mortgage rates rise
U.S. existing home sales fell for a third straight month in May as record high prices and a resurgence in mortgage rates sidelined potential buyers from the market. Home sales dropped 0.7% last month to a seasonally adjusted annual rate of 4.
US Existing-Home Sales Fall a Third Month as Prices Set a Record
Sales of existing homes in the US fell for a third straight month in May while prices set another record, underscoring persistent affordability challenges that hobbled the important spring selling season.
Live news: US existing home sales fall for third month in a row
Sales of previously built homes in the US slipped for the third month in a row, against the backdrop of mortgage rates that had edged higher in early spring. Existing home sales d
US home sales fall for the 3rd straight month in May amid rising mortgage rates, record-high prices
Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during what’s traditionally the housing market’s busiest period of the year.
Existing-Home Sales Fall A Third Month As Prices Set A Record
Sales of existing homes in the US fell for a third straight month in May while prices set another record, underscoring persistent affordability challenges that hobbled the important spring selling season.
U.S. Existing Home Sales Decrease Roughly In Line With Estimates In May
The National Association of Realtors released a report on Friday showing existing home sales in the U.S. decreased roughly in line
Home sales drop for third straight month as prices hit record high
The national median sales price rose 5.8% from a year earlier to $419,300, an all-time high on records going back to 1999. It’s also up 51% from five years ago.
AFP on MSN
3h
US existing home sales fall as prices hit record
Existing
home
sales
in the United States edged lower in May as prices reached a record high on continued tight inventory, ...
journalgazette
18h
US home sales fall for the 3rd straight month in May
Sales
of previously occupied
U.S
.
homes
fell in May for the third straight month as rising mortgage rates and ...
4h
Home prices around the US are being cut at a faster pace as inventory piles up
Mortgage rates are still high but prices may be easing. Over 16% of homes saw a price cut last month, according to ...
4d
on MSN
China new home prices fall at fastest clip in nearly 10 years
China's new home prices fell at the fastest pace in more than 9-1/2 years in May, official data showed on Monday, with the ...
U.S. News & World Report
29d
US New Home Sales Fall in April; Prices Rise From Year Ago
WASHINGTON (Reuters) -
Sales
of
new
U.S
. single-family
homes
fell more than expected in April amid a resurgence in mortgage rates and higher prices, further evidence that the housing market ...
HousingWire
6d
U.S. home sales fall to historically low level: Redfin
The annualized rate of home sales fell below 408,000 last month, one of the lowest levels seen in the past decade, according ...
3d
on MSN
Retail Sales Fall Short of Expectations in May
Key TakeawaysRetail sales were slower than expected in May and April's revised numbers showed a decline in consumer ...
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