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.
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.
Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market
Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage rates. Home sales fell 4.9% in January to a 4.08 million pace. That’s the number of homes that would be sold over an entire year if sales took place at the same rate in every month as they did in December.
Home Sales Sagged in January as Prices Continue to Rise. What to Expect This Spring.
Home buyers and sellers had a tough winter, new data confirm. It will be a chilly spring for first-time buyers if mortgage rates don’t fall, says one economist. Previously owned homes were sold at a seasonally adjusted annual rate of 4.
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.
January sales of previously occupied homes slipped with high mortgages and prices freezing buyers out of the market
January sales of previously occupied homes slipped with high mortgages and prices freezing buyers out of the market.
L.A. Fire Chief Dismissed Amid Controversy Over Handling of Devastating January Wildfires
Mayor Bass cited mismanagement and refusal to conduct a post-fire report as reasons for Fire Chief Crowley's removal.
January was warm globally but cold in the U.S.
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These housing markets were the hottest in January, according to Realtor.com
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Guyana's oil output fell to 620,000 bpd in January, government says
Guyana's average oil production fell to some 620,000 barrels per day in January from 656,000 bpd in December, the lowest ...
Fox News Digital crushes all news brands during January, finishes with third best month ever in key metric
Fox News Digital piled up over 121 million total unique multiplatform visitors in January, its third highest month in history ...
Noteworthy and influential people who’ve died in January 2025
The world said goodbye to several influential figures in January. Among them are filmmaker David Lynch and pop star Marianne ...
Italy January EU-harmonised CPI confirmed at +1.7% y/y
Italian EU-harmonised consumer prices (HICP) fell 0.8% month-on-month in January and were up 1.7% from the year earlier, ...
China’s foreign investment sank in January. Can Beijing turn things around?
Inbound investment in China plummeted to a four-year low in January, as the world’s second-largest economy grapples with a flurry of headwinds.