Existing home sales reach highest level of 2026

09. kesäkuuta 2026

Raportoinut AI

Existing home sales in the United States climbed to their highest level this year in May. The gain followed a smaller increase the prior month.

Existing home sales rose 3.2 percent in May to a seasonally adjusted annual rate of 4.17 million units. The National Association of Realtors reported the increase, which came after a 0.7 percent gain in April. The median price of an existing home reached $429,300 in May. This marked the fourth straight monthly increase and the highest level since last June. The average 30-year fixed-rate mortgage stood at 6.44 percent in May, according to Freddie Mac. That rate was the highest since last August.

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Existing home sales drop 3.6% in March

Existing home sales in the United States fell 3.6% in March after a brief rebound the previous month. The National Association of Realtors reported a seasonally adjusted annual rate of 3.98 million units, the lowest since last June. NAR Chief Economist Dr. Lawrence Yun attributed the slowdown to lower consumer confidence and softer job growth.

New home sales drop nearly 20% in January to 2022 low

19. maaliskuuta 2026 Raportoinut AI

New home sales in the US fell to a seasonally adjusted annual rate of 587,000 units in January 2026, the lowest level since 2022, according to Census Bureau data. The decline marked nearly a 20% drop. The median price stood at $400,500, remaining above $400,000 for a sixth straight month but at the lowest in that period.

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Buenos Aires real estate stalls further in early 2026 amid ongoing mortgage slump

26. maaliskuuta 2026 Raportoinut AI

Following initial signs of slowdown in late 2025, Buenos Aires' real estate market has stalled in early 2026 with four consecutive months of declining mortgages, developer Miguel Chej Muse said. Prices present buying opportunities amid tight credit, while rentals remain active.

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