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December 2024: New Home Sales Finished The Year Strong
US new home sales beat expectations in December
Sales of new U.S. single-family homes increased more than expected in December, further evidence that housing market activity regained momentum at the end of 2024, though rising mortgage rates remain a constraint.
Existing home sales see increase across nation in December
Existing home sales rose 2.2% nationwide in December 2024 despite elevated mortgage rates, with the Northeast leading growth at 3.9%.
December 2024: New Home Sales Finished The Year Strong, Increasing Again in 2024
There were 698,000 (SAAR) new single family home sales nationwide in December. That’s up 3.6% from the revised November rate of 674,000 and up 6.7% from the December 2023 estimate, according to the U.
1d
on MSN
Existing home sales in 2024 hit their lowest level since Val Kilmer was Batman. What does this mean for homebuyers?
Many homeowners are locked in where they’re at, even if they’d like to sell, due to sub-5% rates on their current mortgages.
3d
Sales of Existing Homes Rise in December, but 2024 Was the Slowest Year for Transactions in Nearly 30 Years
Sales of previously owned homes rose last month, but not enough to prevent 2024 from being the slowest year for home ...
3d
on MSN
New-home prices drop to a three-year low, even as sales improve in 2024
The new-home sales figure exceeded expectations on Wall Street. Economists surveyed by Dow Jones Newswires and the Wall ...
5d
on MSN
Housing market rewind: Home sales drop in 2024 to level not seen since the '90s
“While respondents remain discouraged by the pandemic-era run-up in home prices and mortgage rates, the upward trend in ...
6d
on MSN
US home sales in 2024 fell to lowest level since 1995
Sales of existing homes in the US fell last year to the lowest level in almost three decades, as sky-high home prices and ...
The Union
8h
Brian Hamilton: 2024 home sales eke past prior year
It wasn’t by a wide margin, but western Nevada County home sales squeaked past prior year, despite the weakest December sales ...
1d
on MSN
Orange County’s top 5 most expensive home sales of 2024
A recent Compass report analyzing 83 US markets showed the ultra-luxury buyers kept OC’s real estate market of $10 million ...
13d
Metro Phoenix's housing market bucks December slowdown; sales up 51% in Glendale in 2024
January is usually a slow month too, but a surge in Valley million-dollar sales after the election could push up prices and ...
1d
Luxury home sales in Tampa Bay soared in 2024 despite overall market slowdown
Tampa Bay's housing market tells a tale of two extremes, with overall sales slumping while luxury properties break records.
2d
on MSN
Home Prices Kept Rising in 2024. Where They’re Headed This Year.
The S&P CoreLogic Case-Shiller Home Price index is expected to have risen 4.3% in November from one year prior, according to ...
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