News Formal

Home Sales at Lowest Point Since 2010 as High Mortgage Rates Squeeze Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Buyers facing limited supply pushed up September prices

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/economy/housing/home-sales-report-to-show-how-much-high-rates-squeezed-market-54f64ea1Home sales fell in September to the lowest rate in 13 years, showing the corner of the economy most weakened by high interest rates remains in decline.since at least 2011, because increased rates are weighing on demand. But high rates are also limiting the inventory of homes on the market, because homeowners with low ratesThis copy is for your personal, non-commercial use only.

 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Home Sales at Lowest Point Since 2010 as High Mortgage Rates Squeeze MarketBuyers facing limited supply pushed up September prices
Source: WSJ - 🏆 98. / 63 Read more »

Home Sales Slide to Lowest Pace Since 2010 as High Rates Squeeze MarketBuyers facing limited supply pushed up September prices
Source: WSJ - 🏆 98. / 63 Read more »