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Aug. home sales drop more than expected
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.
August home sales drop more than expected as prices set a record
Tight supply is keeping the pressure on prices. The median price of an existing home sold in August was $416,700, up 3.1% from the same month in 2023. That is the highest price ever for August.
US existing home sales drop in August; supply improves
U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply.
Finance & Commerce
1d
Home sales fell in August despite easing rates, greater supply of homes
LOS ANGELES —
Sales
of previously occupied U.S. homes fell in
August
to the slowest annual pace in nearly a year even as ...
1d
on MSN
Home sales slumped to lowest August level since 2010. But they’re poised to soar after the Fed finally cut interest rates
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
1d
Metro Phoenix home sales fall and prices flat in August. Forecast for September?
Metro Phoenix’s median home price was flat at $440,000 last month compared to July. But it’s up from $435,000 a year ago.
14h
on MSN
UK retail sales rise 1% in August
British retail sales rose 1% in August, official figures showed on Friday. Economists polled by Reuters had forecast a ...
1h
Alabama real estate sales down statewide in August, but interest rate cut may signal change
Sold dollar volume totaled $1.49 billion in August, up 6.41% year-over-year, but down 1.3% from the prior month.
International
9h
Home Sales in America Downtick Further in August
In August 2024, existing-home sales dropped, according to the National Association of Realtors (NAR) latest data. Three out ...
1d
Europe’s EV sales plunge has carmakers seeking EU relief
EV deliveries in the region’s biggest car market, Germany, fell 69% during August, fueling a 36% drop across the region.
1d
on MSN
European EV Sales Plummet 44% As Automakers Scramble For Solutions
The EV market in Europe is facing a “continual downward trajectory,” according to ACEA. In August, EV sales dropped 43.9%, ...
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