Existing Home Sales Surge To Strongest Annual Increase In Over Three YearsEconomists Are Attributing the Rise in Homebuying to Steady Job Growth

IBTimesDec 19 19:16 ET

The Fed's Rate Cuts Were Supposed to Make Borrowing Cheaper. So Why Is It Harder Than Ever to Buy a House?

MarketWatchDec 19 15:10 ET

November Home Sales Post Biggest Annual Gain Since 2021 -- 2nd Update

WSJDec 19 14:34 ET

Mortgage Rates Climb for First Time in a Month, Landing at 6.72%

BNN BloombergDec 19 12:00 ET

Home Sales Rebound as Buyers Seize a Dip in Mortgage Rates. Could the Bump Be Short-lived?

MarketWatchDec 19 10:40 ET

USA existing home sales unexpectedly reached the largest year-on-year increase in three years, with home prices accelerating to new highs, and investors are adopting a wait-and-see attitude.

In November, existing home sales in the USA exceeded expectations, surpassing the annualized rate of 4 million units for the first time in six months, indicating that homebuyers are accepting mortgage loan rates above 6%. The Mortgage Bankers Association expects that mortgage loan rates will remain above 6% for at least the next two years. The median sales price for existing homes rose by 4.7% year-on-year in November, reaching $406,100, setting a record high for November.

wallstreetcnDec 19 10:02 ET