Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market.
Maine home prices rose in January, and so did sales
Maine home buyers paid a median of $385,000 in January, a 9% increase over the same time last year, according to data released Friday by the Maine Association of Realtors. The median is the price at which half of the homes sold for more and half sold for less.
Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market
Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage rates. Home sales fell 4.9% in January to a 4.08 million pace. That’s the number of homes that would be sold over an entire year if sales took place at the same rate in every month as they did in December.
Home Sales Sagged in January as Prices Continue to Rise. What to Expect This Spring.
Home buyers and sellers had a tough winter, new data confirm. It will be a chilly spring for first-time buyers if mortgage rates don’t fall, says one economist. Previously owned homes were sold at a seasonally adjusted annual rate of 4.
Housing market mired in slump as January home sales drop more than expected
Sales of previously occupied US homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market. Sales fell 4.9% last month from December to a seasonally adjusted annual rate of 4.
January sales of previously occupied homes slipped with high mortgages and prices freezing buyers out of the market
January sales of previously occupied homes slipped with high mortgages and prices freezing buyers out of the market.
Housing market map: Zillow just revised its 2025 home price forecast
Zillow's updated forecast projects that U.S. home prices will rise 1.1% between January 2025 and January 2026.
Home price growth has slowed. But high costs, economic worries have some buyers retreating
High prices and economic uncertainty are factors pulling homebuyers back out of the housing market, experts say.
Southern California home prices begin to drop
Orange County – had price appreciation in January and local sellers found themselves in the weakest spot since early 2023.
Cowboy State Daily21h
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California has third-highest home prices per square foot in US. What can you get for $300K?
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The typical home value in the United States was $356,776 in January, 2.6% higher than the year before. Increasing mortgage rates have slowed growth, with prices even declining in some places. But some ...