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Home sales declined in June as prices hit new all-time high
Most of the country saw a sales slump in June. The steepest declines came in the pricey Northeast where buyers still generally outnumber sellers, and home prices are rising the fastest. There, sales dropped 8% from a month earlier, while prices were up 4.2% in the last year to an average of $543,300.
June, usually the height of the spring housing season, saw sales of existing homes drop from the previous month, according to ...
US home prices hit a record high in June, even as sales dropped more than expected with prospective buyers put off by stubbornly high mortgage rates and persistent economic uncertainty. The median ...
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