The numbers: Home sales in September fell to the lowest level since 2010, as high mortgage rates continue to hammer the housing market. Aside from low inventory, rising…
Read more U.S. home sales fell in September to the lowest level since the Great RecessionWith mortgage rates firmly above 7%, homeownership has become much more expensive. But will rates go even higher? Three experts told MarketWatch that if the economy continues to…
Read more Mortgage rates could hit 8%, economists say, citing a worrying sign not seen since the Great RecessionThe numbers: Home sales inched up for the first time in four months, even as the U.S. housing market continues to deal with a dearth of listings. Pending…
Read more ‘The housing recession is over,’ real-estate group says, as pending home sales tick up for the first time in 4 monthsThe numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.02 million in December, the National Association of Realtors said Friday. This is the…
Read more U.S. existing-home sales fall for the eleventh straight month in December
