US Home Sales Slightly Rise in November Amid Market Challenges
TL;DR Summary
U.S. existing home sales increased slightly in November amid falling mortgage rates, but limited housing inventory and economic uncertainties have restrained a stronger market recovery. The median home price rose to $409,200, and sales were modestly up, though overall demand remains subdued due to labor market concerns and stretched affordability.
Topics:business#consumer-sentiment#home-prices#home-sales#housing-inventory#mortgage-rates#real-estate
- US existing home sales edge up in November as mortgage rates ease Reuters
- November home sales struggle as supply stalls CNBC
- November US homes sales rose from the previous month, but down from 2024 as prices climb AP News
- Home sales ticked up for third straight month, but the market is still stuck in a deep slump Yahoo Finance
- US Existing-Home Sales Edge Up With Help From Tamer Prices Bloomberg.com
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