Sales of previously occupied US homes increased slightly in January, following a record low in 2023. New home sales were mixed, with a rise in the West and a decline in the South possibly due to weather. Mortgage rates remain a key factor affecting the housing market.
The United States saw fewer new home sales than expected in January, the latest sign of unease in America’s housing market. Vault co-authors @BrendanPedersen and @LauraEWeiss16 have the details. https://t.co/kexdwjUK2F
New home sales ticked up in January, despite elevated mortgage rates https://t.co/4pbixzMSAZ https://t.co/tThkvcp4XZ
Prices of New Houses v. Prices of Existing Houses: Why Sales of New Houses Hang in there as Sales of Existing Houses Plunge. Price cuts and mortgage-rate buydowns, though costly for homebuilders, make new houses more attractive https://t.co/ploRBScJ8m https://t.co/MLNLRJG6vz
Prices of New Houses v. Prices of Existing Houses: Why Sales of New Houses Hang in there as Sales of Existing Houses Plunge. Lower prices and mortgage-rate buydowns, though costly for homebuilders, make new houses more attractive https://t.co/ploRBScJ8m https://t.co/KyNxCc6hsK
For years new home-buyers in America have enjoyed lower housing payments than renters. But today the choice between buying and renting looks very different. Read why https://t.co/bQ3uDKaZw4 👇
NEW POST 🚨 New Home Sales Falter As Survey Respondents Feel Uneasy by @JoeConsorti READ IT 👇 https://t.co/S9PNZACYzd
⚠️ US NEW HOME SALES MISS EXPECTATIONS IN JANUARY (Reuters) Sales of new U.S. single-family homes rose less than expected in January, likely curbed by frigid weather, but demand for new construction remains underpinned by a persistent shortage of previously owned homes. New…
New home sales in January were flattish vs December but there was a big pop in the West and a slump in the South -- guessing the latter is weather-related and will reverse in February: https://t.co/smgF2n2BDt
53% of respondents reported that properties sold in less than one month. Down from 56% a month ago and down slightly from 54% in January 2023. 17% purchased for non-primary residence use, down slightly from 16% last month and flat from last year. https://t.co/I6os6pmQnO https://t.co/I1QVxpRlri
💸Our definitive guide to house prices shows what is happening near you and the latest forecasts Check what has happened to mortgage rates, how much a home could cost you and get tips on making offers Read here: https://t.co/rKwset5mZh https://t.co/Q3c1tThLEO
Sales of previously occupied US homes ticked up in January but remained historically low after 2023 saw the fewest sales in nearly 30 years. https://t.co/yp6yvSo8CR