US Existing-Home Sales Decline to Cap Worst Year Since 1995

Sales of previously owned US homes fell in December, capping the worst year for the housing market in nearly three decades. Contract closings decreased 1% from a month earlier to a 3.78 million annualized rate, according to National Association of Realtors data released Friday. For all of...

US Existing Home Sales Rise to Five-Month High in January

U.S. existing home sales increased to a five-month high in January as declining mortgage rates pulled in buyers from the sidelines, but tight supply remains a challenge. Home sales rose 3.1% last month to a seasonally adjusted annual rate of 4.00 million units, the highest level since last...

US Existing Home Sales Drop, but Prices Up from a Year Earlier

U.S. existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages refrained from selling their properties with the cost of new mortgages for another home at the highest levels in decades. That limited inventory, however, helped drive prices higher on a...

U.S. Existing Home Sales Rebound; Year-Over-Year House Prices Fall

U.S. existing home sales increased for the first time in a year in February as a decline in prices on an annual basis pulled buyers back into the market, further evidence that the housing market was stabilizing at low levels. Existing home sales surged 14.5% to a seasonally adjusted annual rate...