Home sales fell in October to a fresh 13-year low as high interest rates and home prices continued to pummel the housing market.
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Category: Home Sales
GAMLS: Atlanta median sales price rises in October
At the same time, the pace of sales continued to slow.
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Atlanta REALTORS®: Median-sales price rises 2.5% in September
At the same time, home sales dropped 20.3% to 4,371 transactions.
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Home Sales Slide to Lowest Pace Since 2010 as High Rates Squeeze Market
Home 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.
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GAMLS: Atlanta home sales drop in September
The median sale price also declined, but new listings rose.
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Atlanta Housing Scorecard: Starts, inventory fall
At the same time, existing-home sales dropped, while days on market inched higher.
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Confused by the Housing Market? You’re Not Alone! We Explain the Head-Spinning Contradictions
What is going on in this contradiction-riddled housing market? There are so many factors keeping both prices and mortgage rates high.
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U.S. Home Sales Fall in August to the Lowest Level Since January
“It’s possible that mortgage rates may go up to 8%,” says Lawrence Yun, chief economist at the National Association of Realtors.
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Georgia MLS: Atlanta home sales, median sales price rose in August
New listings rose on a monthly basis but declined on an annual one.
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Atlanta Housing Scorecard: Starts, sales and inventory slide
The declines come as interest rates continued to rise, according to the latest Atlanta Housing Scorecard.
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