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Sales, August and Mortgage Rates
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.
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.
US existing home sales drop in August; supply improves
U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply.
16m
Alabama real estate sales down statewide in August, but interest rate cut may signal change
Sold dollar volume totaled $1.49 billion in August, up 6.41% year-over-year, but down 1.3% from the prior month.
9h
on MSN
China's January-August fiscal revenue down 2.6%
China's fiscal revenue in the first eight months of 2024 was down 2.6% from a year earlier, unchanged from July's seven-month ...
3d
on MSN
New home sales saw the biggest burst of activity in August since 2022, MBA says
New home sales climbed nearly 15% last month, according to the Mortgage Bankers Association, while applications for new home ...
13d
Employers added 142,000 jobs in August, weaker than economists had forecasted
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest ...
19h
on MSN
Japan's core inflation accelerates for 4th month in August
Japan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central ...
15h
Solana Climbs Over 10% To Reach Highest Since Late August
Solana prices rallied today, causing the highly prominent cryptocurrency to attain its highest value in several weeks.
CBS News on MSN
1d
North Texas to see hottest days since August, cooler temperatures expected by Monday
Mother Nature is certainly going to remind us of that fact. Expect
August
-like weather in September for the next three days ...
11h
China, Japan reached agreement in August on Fukushima water discharge
China and Japan reached a consensus in August on the discharge of radioactive water from the Fukushima nuclear plant, the ...
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