US existing home sales fall more than expected

US existing home sales fall more than expected in January
U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates and house prices stifled demand.
Existing home sales in January fall 4.9%
Chappell Roan is featured in the new docuseries “Faces of Music” and is seen without makeup for part of the show along with other music stars, including Becky G and Victoria Monét. CNBC's Diana Olick joins 'Squawk on the Street' with the latest economic data.
Jan. existing home sales, Coinbase lawsuit: Asking for a Trend
On today's Asking for a Trend, host Julie Hyman outlines the trading day's top stories and explores current market trends. Chen Zhao, head of economic research at Redfin, joins the show to discuss January's existing home sales data and its implications for the housing market,
Existing home sales fall to lowest level in nearly 30 years
Existing home sales declined in 2024 to the lowest level since 1995, while median home prices rose to a record high as elevated mortgage rates confound the market.
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.
Existing home sales slump more than expected in January
U.S. existing home sales declined 4.9% to an adjusted annual rate of 4.08M in January, trailing the 4.13M consensus and dropping from 4.29M in December (revised from 4.24M), according to data released by the National Association of Realtors on Friday.
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.
Home Sales Fell 4.9% in January, Extending Slump in Housing Market
Home prices and mortgage rates, which were a drag on home sales for most of 2024, stayed elevated and put off many buyers.
Existing-Home Sales Decreased 4.9% in January, But Increased Year-Over-Year for Fourth Consecutive Month
Existing-home sales slid 4.9% in January to a seasonally adjusted annual rate of 4.08 million. However, sales rose 2.0% from one year ago, the fourth straight monthly year-over-year increase. The ...
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Homebuilders are feeling pessimistic about future sales
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Existing-Home Sales Ascended 2.2% in December
Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). Sales grew 9.3% from one year ago ...
U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years
Higher mortgages rates and record home prices kept sales subdued for the second straight year.
Existing Home Sales Retreat 4.9% In January
Existing home sales began the year with their first decline in four months. According to the National Association of Realtors (NAR), sales retreated 4.9% from December to a seasonally adjusted annual ...
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Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are ...
Home Sales Are Expected to Be Dismal. Watch This Data Instead.
Home sales data expected Friday will reflect old news: home buyers and sellers had a tough winter. Investors should keep ...