Get access to our best features

U.S. existing home sales fall; house prices hit record high

Summary by Reuters
WASHINGTON - U.S. home sales fell more than expected in March as house prices hit a record high despite some improvement in supply, and could decline further amid surging mortgage rates. Existing home sales dropped 2.7% to a seasonally adjusted annual rate of 5.77 million units last month, the National Association of Realtors said on Wednesday. The data mostly reflected the closing of
Published 10 months ago · Washington, United States

News Articles

More Filters
All
Left
Center
Right

U.S. existing home sales fall; house prices hit record high

WASHINGTON - U.S. home sales fell more than expected in March as house prices hit a record high despite some improvement in supply, and could decline further amid surging mortgage rates. Existing home sales dropped 2.7% to a seasonally adjusted annual rate of 5.77 million units last month, the National Association of Realtors said on Wednesday. The data mostly reflected the closing of

10 months ago·United Kingdom
Read Full Article

March Home Sales Fall As Mortgage Rates, Home Prices Climb

MIAMI (CBSMiami/AP) — Mortgage rates are now at the highest level they have been since 2010.According to the Mortgage Bankers Association, home loan demand fell 5% last week compared to the week prior. Demand for refinancing slid another 8% for the week and is 68% lower from the same time a year ago.Sales of previously occupied U.S. homes also slowed in March to the slowest pace in nearly two years, down 4.5%, amid the swift rise in mortgage rat…

10 months ago·United States
Read Full Article

March home sales fall as mortgage rates, home prices climb

Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift rise in mortgage rates and record-high prices discouraged would-be homebuyers.

10 months ago·United States
Read Full Article

March home sales fall as mortgage rates, home prices climb

Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift rise in mortgage rates and record-high prices discouraged would-be homebuyers

10 months ago·United States
Read Full Article

The Price of a Home Sold in March Set a Record, as Inventory Dwindled and Sales Fell

March sales were 4.5% lower than the same period in 2021.

10 months ago·United States
Read Full Article

March home sales fall as mortgage rates, home prices climb

Rising mortgage rates are discouraging would-be homebuyers during what's typically the busiest season for sales.

10 months ago·New York, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

46% of the sources are Center
CBS Local
Associated Press News
abc News
CBS News
Bloomberg
WHDH
+2
Reuters
CNBC
The Hill
UPI
Al Jazeera
Political Wire
+7
New York Post
OC Register
Wall Street Journal
Fox Business
Washington Examiner
The Epoch Times
Breitbart
L 27%
C 46%
R 27%
See less detail