US home sales fall for 9th month in a row in October | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Home sales in the US declined for the ninth month in a row in October as surging mortgage rates and high prices pushed buyers out of the market

Sales of existing homes – which include single-family homes, townhomes, condominiums and co-ops – were down 28.4% in October from a year ago and down 5.9% from September, according to the National Association of Realtors. All regions of the US saw month-over-month and year-over-year declines. That continues a slowing trend that began in February and marks the longest streak of declining sales on record.

Still, home prices continued to climb during the month. The median home price was $379,100 in October, up 6.6% from one year ago, according to the report. But that’s down from the record high of $413,800 in June. The price increase marks more than a decade of year-over-year monthly gains. “More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” said Lawrence Yun, NAR’s chief economist.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 4. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Retail sales surged by 1.3% in October as consumers continue to spend despite inflation | CNN BusinessAmerican shoppers spent more in October, showing continued resilience amid persistently high inflation and an early start to the holiday shopping season.
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »