The month-over-month decline in sales came as prices rose for the 129th consecutive month, the National Association of REALTORS® said.
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Category: Neda Navab
New-home construction slides in November as builders pull back
New-home permits fell 11.2% month over month, while housing completions jumped 10.8% in what one observer said could have “worrisome” long-term consequences for the nation’s housing supply.
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NAR: Existing-home sales fall again in October as prices continue to rise
The median existing-home price rose for the 128th month in a row, extending its record-breaking streak of increases.
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Housing starts slow in October but remain elevated
The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes.
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NAR: Existing-home sales fell in August while prices rose
The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before.
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