Hot U.S. Housing Market Cooled Some in August

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The hot U.S. housing market is showing signs of cooling off. Prices in August eased from near-record highs, and home sales dropped.

The turbocharged housing market started to slow in August, as buyers took a step back from what has been a competitive and expensive time to buy a home.

Existing-home sales slipped 2% in August from the prior month to a seasonally adjusted annual rate of 5.88 million, the National Association of Realtors said Wednesday. August sales fell 1.5% from a year earlier.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

FreeMaziNnamdiKanuNow FreeMaziNnamdiKanuNow FreeMaziNnamdiKanuNow FreeMaziNnamdiKanuNow

If prices cooling, should conflicts of interest concern homebuyers? Across MA 1st 15 days of Sept: Nearly 1 in 5 MLS listings sold in-house, More than 1/2 involved just one agent or team DM for BuyerAgent to help TimeREMarket, avoid OVERPAYING in blind BiddingWars BosRE

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA

Canada Canada Latest News, Canada Canada Headlines