All articles tagged with #home sales
Originally Published 23 days ago — by Reuters
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.
Originally Published 23 days ago — by CNBC
November home sales in the US saw a slight increase of 0.5% from October but remained 1% below November 2024, with supply declining and prices reaching record highs, driven by high mortgage rates and limited inventory, while affordability concerns persist despite wage growth.
Originally Published 2 months ago — by PBS
The average 30-year U.S. mortgage rate has dropped to 6.19%, its lowest in over a year, boosting refinancing activity and potentially aiding a sluggish housing market, amid expectations of further rate cuts by the Federal Reserve.
Originally Published 2 months ago — by CNN
Mortgage rates in the US have fallen to 6.19%, the lowest in over a year, potentially boosting homebuyer activity as home prices soften and affordability improves, with experts expecting rates to stay within the 6-7% range amid signs of economic slowdown.
Originally Published 2 months ago — by AP News
US existing home sales increased in September to their fastest pace since February, driven by declining mortgage rates and increased property availability, though high borrowing costs and a persistent housing shortage continue to impact the market. Home prices are at a record high for September, and while more homes are on the market, the supply remains below pre-pandemic levels, affecting affordability and sales dynamics.
Originally Published 2 months ago — by CNBC
In September, U.S. home sales increased by 1.5% due to falling mortgage rates, reaching the highest pace in seven months, while prices remained high with a 2.1% annual increase, driven by tight supply and strong demand, especially at the high end of the market. Inventory levels rose but remain below pre-COVID levels, and first-time buyers are gaining ground amid favorable borrowing conditions.
Originally Published 2 months ago — by National Association of REALTORS®
Existing-home sales in the US increased by 1.5% in September 2025, driven by falling mortgage rates and improved affordability, with inventory reaching a five-year high and prices continuing to rise in most regions.
Originally Published 3 months ago — by CNBC
In Q2 2025, investors purchased one-third of all single-family homes, the highest share in five years, with small investors dominating the market. While overall home sales declined, investor activity provided liquidity and increased rental inventory, especially in populous states like Texas, California, and Florida. Institutional investors are now selling more homes than they buy, shifting focus to build-to-rent projects, which reduces competition for traditional buyers and boosts rental supply.
Originally Published 3 months ago — by VINnews
President Donald Trump is considering legislation to eliminate the capital gains tax on home sales, which could incentivize homeowners to sell and impact the housing market, though details and potential legislative approval are still unclear.
Originally Published 3 months ago — by Fortune
Despite falling mortgage rates over nine weeks, pending home sales have declined for the first time in nearly three months, indicating a stagnant housing market influenced by high home prices, buyer hesitation, limited supply, and economic concerns, with recent data suggesting mortgage rates may be rising again.
Originally Published 3 months ago — by CNBC
Existing home sales in August remained flat amid rising mortgage rates, with higher-end homes performing better than affordable ones. Supply decreased slightly, helping keep prices up, while homes stayed on the market longer. The Midwest showed stronger activity, and overall market conditions remain constrained by limited inventory and high mortgage costs.
Originally Published 3 months ago — by Business Insider
America's homebuilders are optimistic about the housing market's future, anticipating a rebound as the Federal Reserve is expected to cut interest rates, which could lower mortgage costs and stimulate home sales after years of high rates.
Originally Published 4 months ago — by NPR
The U.S. housing market is showing signs of recovery with increased inventory and a slight rise in home sales, despite high mortgage rates and prices. Mortgage rates have recently decreased slightly, encouraging refinancing, and more homes are available for sale, giving buyers more options. However, high prices and rates continue to limit affordability, and new home construction faces challenges due to affordability issues, labor shortages, and regulatory costs.
Originally Published 4 months ago — by CNBC
In July, existing home sales increased by 2% to 4.01 million units, with prices reaching a record high for July at $422,400, amid rising inventory levels and a potential market inflection point where affordability improvements are boosting sales. The market shows signs of slowing price growth, longer selling times, and increased investor and cash buyer activity, influenced by higher mortgage rates and changing supply dynamics.
Originally Published 4 months ago — by National Association of REALTORS®
The NAR report shows a 2.0% increase in existing-home sales in July, with inventory reaching its highest since May 2020, and median prices slightly up. Sales rose in the Northeast, South, and West, but fell in the Midwest. Mortgage rates decreased, and the market remains healthy with low foreclosure rates and strong price appreciation since 2019.