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U.S. Home Sales Surprise Fall in August
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.
August home sales drop more than expected as prices set a record
Tight supply is keeping the pressure on prices. The median price of an existing home sold in August was $416,700, up 3.1% from the same month in 2023. That is the highest price ever for August.
U.S. Home Sales Surprise Fall in August Despite Easing Mortgage Rates
Sales decreased 2.5% month on month to a 3.86 million according to a report from the National Association of Realtors
Finance & Commerce
1d
Home sales fell in August despite easing rates, greater supply of homes
LOS ANGELES —
Sales
of previously occupied U.S. homes fell in
August
to the slowest annual pace in nearly a year even as ...
1d
Metro Phoenix home sales fall and prices flat in August. Forecast for September?
Metro Phoenix’s median home price was flat at $440,000 last month compared to July. But it’s up from $435,000 a year ago.
International
8h
Home Sales in America Downtick Further in August
In August 2024, existing-home sales dropped, according to the National Association of Realtors (NAR) latest data. Three out ...
1d
New Car Registrations Slump in Europe Amid Weakening Demand, Steep EV Decline
Stellantis and Volkswagen suffered significant falls in new-car registrations in August, contributing to a sharp overall ...
1d
Germany’s Slump in EV Sales Drags on Europe’s Auto Market
Germany, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric vehicles cratered.
Dagens.com (AU) on MSN
8h
European Electric Vehicle Sales Plunge as Germany and France Struggle
The European automotive industry is facing a significant slowdown, driven by weakening demand for electric vehicles (EVs) and ...
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