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US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices
LOS ANGELES (AP) — The nation's
housing
slump
deepened
in June as sales of previously occupied homes slowed to their slowest pace since December, hampered by elevated mortgage rates and record-high prices. Sales of previously occupied
U.S
. homes fell 5.4 ...
U.S. home prices reach record in June, despite deeper sales slump
Home prices reached an all-time high in June, even as the nation's housing slump continues with fewer people buying homes last month due to an affordability crisis. The national median sales price rose 4.
Home prices hit new a record high in June, as sales fall to a six-month low
Home sales fell for the fourth month in a row as record-high home prices and 7% mortgage rates weighed on buyers. Sales activity fell to the lowest level since December 2023. Unsold inventory rose to the highest level in four years.
US existing home sales slump in June; median price hits record high
U.S. existing home sales fell more than expected in June as the median house price set another record high, but improving supply and declining mortgage rates offered hope that activity could rebound in the months ahead.
Alert: US home sales fall in June, the fourth straight month, to seasonally adjusted 3.89 million, slowest pace since December
US home sales fall in June, the fourth straight month, to seasonally adjusted 3.89 million, slowest pace since December.
15d
on MSN
The US Housing Slump Deepened This Spring. Where Does That Leave Home Shoppers and Sellers?
The nation’s housing market sales slump is dragging on into its third straight year, as evidenced by another weak spring ...
1d
This Week: Existing home sales, quarterly GDP estimate, consumer spending data
Economists expect the personal consumption expenditures index, which tracks spending across all goods and services, inched up 0.2% in June. Consumers account for 70% of economic activity, so spending ...
11d
Looking for a housing deal with lower rates? Economists say not so fast
Based on his own research groups’ project, Coulson at UCI believes the inflation rate is zero. “Rents are flat in most of the ...
2h
Tesla reports 45pc profits slump
Tesla has reported a second consecutive drop in quarterly profits as the world’s biggest electric car maker cut prices in an ...
3d
Weekly Commentary: Election On The Brink
Markets are said to hate uncertainty, though highly speculative global markets have for a while confidently climbed the ...
moneycontrol.com
11d
Xi faces calls for relief from property slump at upcoming Communist Party conclave
The Chinese Communist Party's 376-member Central Committee will convene next week between July 15-18 to debate and set the ...
8d
Live news: Retailers to lure inflation-weary US consumers with ‘steeper discounts’ during Amazon Prime Day sale
US online retailers are expected to offer steep discounts during Amazon’s upcoming Prime Day sale in an effort to encourage ...
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