BLACK FRIDAY DEAL|Save 70% on a Vantage subscription today!Buy Now
|Login
Ground News Logo
Dec 01, 2021SUBSCRIBE NOW

Existing US home sales fell in August, price growth slowed

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.
2 months ago|New York, United States

BIAS COVERAGE DISTRIBUTION

20 of these news sources are bias rated
14 are CENTER
11%
C 72%
R 17%
CNN
abc News
Reuters
CNBC
Associated Press News
IBTimes
+11
MY Northwest
Wall Street Journal
WBMA
Breitbart
ALL ARTICLES
Yahoo News
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 months ago|Los Angeles, United States
Reuters
ReutersC

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 months ago|United Kingdom
CNN
CNNL

Home sales have slowed, but prices are still ludicrous

The housing market is beginning to look a little more normal.

2 months ago|Atlanta, United States
abc News
abc NewsL

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 months ago|United States
CNBC
CNBCC

Existing home sales fall 2% as first-time buyers are priced out

The share of first-time buyers fell to just 19% of all sales, the lowest since January 2019.

2 months ago|United States
Associated Press News
Associated Press NewsC

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 months ago|United States
IBTimes
IBTimesC

US Existing Home Sales Fall As Supply Tightens

Sales of US existing homes fell in August for the first time in three months as the ongoing supply shortage and high prices kept buyers away from the market, according to industry data released Wednesday. Sales dropped two percent last month to an annual rate of 5.88 million, seasonally adjusted, the National Association of Realtors (NAR) reported, which was slightly higher than analysts forecast.

2 months ago|United States
The Hill
The HillC

Existing home sales drop, prices ease

Existing home sales fell in August following two consecutive months of increases, while once-soaring prices eased, according to a new report from the National Association

2 months ago|Washington, United States
KVIA
KVIA

Existing US home sales fell in August, price growth slowed

By ALEX VEIGA AP Business WriterSales 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. The National Association of Realtors said Wednesday that existing homes sales fell 2% last month from July to a seasonally-adjusted annual rate of 5.88 million units. Sales fell 1.5% from August last year. Home p…

2 months ago|
MY Northwest
MY NorthwestR

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. Existing homes sales fell 2% last month from July to a seasonally-adjusted annual rate of 5.88 million units, the National Association of Realtors said Wednesday. That’s slightly more than the 5.87 million economists were expecting, accor…

2 months ago|Tacoma, United States
COVERAGE DETAILS

BIAS COVERAGE DISTRIBUTION

20 of these news sources are bias rated
14 are CENTER
11%
C 72%
R 17%
CNN
abc News
Reuters
CNBC
Associated Press News
IBTimes
The Hill
KITV4 News
News 4 JAX
Portland Press Herald
WPLG
MarketWatch
PBS NewsHour
+4
MY Northwest
Wall Street Journal
WBMA
Breitbart
Total News Sources23Leaning Left2 sourcesLeaning Right4 sourcesCenter14 sourcesLast Updated2 months ago
0
TOPICS
SIMILAR STORIES