existing sales

Higher borrowing hits US property market with sales down in November

Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading

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High rents, prices and mortgage rates denting property market confidence in US

The majority of households believes now is a good time to buy a home but confidence has retreated by a considerable amount amongst renters, according to the latest survey from the National Association of Realtors. Some 57% of renters said now is a good time to buy, down from 60% in September and 68% a […] The post High rents, prices and mortgage rates denting property market confidence in US appeared first on PropertyWire . Continue reading

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Existing home sales up year on year in the US for 56 months in a row

Existing home sales in the United States increased again in October to the highest annual pace for almost a decade, the latest real estate index shows. All major regions saw monthly and annual sales increases with a national rise of 2% which means that transactions in this sector are now 5.9% above a year ago, […] The post Existing home sales up year on year in the US for 56 months in a row appeared first on PropertyWire . Continue reading

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