The median US home price surpasses $400,000 for the first time. Existing home sales decrease for the fourth consecutive month in May. Sales pace slowed to a seasonally adjusted annual rate of 5.41 million last month, which was 8.6 percent lower than May 2021. The median US home prices surpassed $400,000 for the first time, … Read more
New home sales in the United States fell to their lowest level in two years in April, even as prices continued to rise, According to government data released Tuesday, as would-be buyers felt the heat of soaring inflation and rising interest rates. Home sales have been brisk throughout the Covid-19, but with inflation at its highest … Read more
Sales of existing US houses dropped for the second straight month in March, an enterprise survey stated Wednesday, a sign that better mortgage fees and rising prices are taking the wind out of the booming zone’s sails. Sales fell 2.7 percent last month to a seasonally adjusted annualized charge of 5.77 million, which become four.5 … Read more
