Published 2 years ago

Existing US home sales fell in August, price growth slowed

Summary by Ground News

Home sales dropped in August, both from July and from a year ago. But sales are still above the pre-pandemic rate, says NAR chief economist. The median home price in August was $356,700, up 14.9% from last year. In August, 87% of homes sold were on the market for less than a month.

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Yahoo News

Existing home sales fall in August

Existing home sales fell 2% to a seasonally adjusted 5.88 million units in August from a month earlier, according to the National Association of Realtors (NAR). July sales were revised slightly upward to 6 million units.

2 years ago·Los Angeles, United States

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Reuters

U.S. existing home sales fall in August; inventory declines

U.S. home sales fell in August as supply remained tight and prices accelerated further, the latest indication that the loss of the momentum in the housing market persisted through the third quarter.

2 years ago·United Kingdom

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Associated Press News

Existing US home sales fell in August, price growth slowed

Sales of previously occupied U.S. homes fell in August and prices that have been soaring eased, the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines.

2 years ago·United States

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abc News

Existing US home sales fell in August, price growth slows

Sales of previously occupied U.S. homes fell in August and the pace of price growth eased, the latest sign the housing market is cooling as intense competition leave many would-be buyers on the sidelines

2 years ago·United States

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