US existing home sales fall more than expected

US existing home sales fall more than expected in January
U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates and house prices stifled demand.
Existing home sales in January fall 4.9%
Chappell Roan is featured in the new docuseries “Faces of Music” and is seen without makeup for part of the show along with other music stars, including Becky G and Victoria Monét. CNBC's Diana Olick joins 'Squawk on the Street' with the latest economic data.
Existing home sales fall to lowest level in nearly 30 years
Existing home sales declined in 2024 to the lowest level since 1995, while median home prices rose to a record high as elevated mortgage rates confound the market.
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market.
Existing Home Sales Retreat 4.9% In January
Existing home sales began the year with their first decline in four months. According to the National Association of Realtors (NAR), sales retreated 4.9% from December to a seasonally adjusted annual rate of 4.08 million units in January, the largest monthly drop since November 2022. The latest reading came in below the expected 4.13 million.
Housing market mired in slump as January home sales drop more than expected
Sales of previously occupied US homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market. Sales fell 4.9% last month from December to a seasonally adjusted annual rate of 4.
More Homes Are For Sale, But People Aren’t Buying
Key Takeaways Existing home sales surprisingly fell in January as elevated mortgage rates and high prices kept buyers ...
Home Sales Fell 4.9% in January, Extending Slump in Housing Market
Home prices and mortgage rates, which were a drag on home sales for most of 2024, stayed elevated and put off many buyers.
Sierra Sun Times3h
National Association of REALTORS Reports Existing-Home Sales Decreased 4.9% in January 2025, But Increased Year-Over-Year for Fourth Consecutive Month
National Association of REALTORS Reports Existing-Home Sales Decreased 4.9% in January 2025, But Increased Year-Over-Year for ...
Marketplace2d
Homebuilders are feeling pessimistic about future sales
Tariffs could raise material costs for homebuilders, and a crackdown on immigration could make construction workers even ...
Next Week: consumer confidence, new home sales, inflation update
The Conference Board issues its latest consumer confidence report on Tuesday. The Commerce Department delivers its monthly ...
Staten Island home sales climb while prices increase, according to new report
And those Staten Island numbers mirror a national trend. U.S. existing-home sales advanced for the third straight month in January, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million ...
Putnam Daily Voice7h
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are ...
Home Sales Are Expected to Be Dismal. Watch This Data Instead.
Home sales data expected Friday will reflect old news: home buyers and sellers had a tough winter. Investors should keep ...