NWS News: U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years - 25th Jan 2025, 8:17am

[annb0t]

U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to stubbornly high mortgage rates. Unlike mortgage rates, which fluctuate, these costs are poised to continue rising. The housing market’s outlook this year depends again on mortgage rates, said Rick Palacios Jr., director of research at John Burns Research & Consulting.

Continue Reading

View Comments

>>> Read more: U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years