Current location:world >>
Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising
world274People have gathered around
IntroductionLOS ANGELES (AP) — The spring homebuying season is off to a sluggish start as home shoppers contend ...
LOS ANGELES (AP) — The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices.
Sales of previously occupied U.S. homes fell 4.3% in March from the previous month to a seasonally adjusted annual rate of 4.19 million, the National Association of Realtors said Thursday. That’s the first monthly decline in sales since December and follows a nearly 10% monthly sales jump in February.
Existing home sales also fell 3.7% compared with March last year. The latest sales still came in slightly higher than the 4.16 million pace economists were expecting, according to FactSet.
A modest pullback in mortgage rates early this year helped lift home sales in January and February, but rates mostly ticked up in February and March, when many of the home sales that were finalized last month would have taken place.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Earthly Exploits news portal”。http://gabon.fictionsmistress.com/html-15c299749.html
Related articles
Dodgers acquire pitcher Yohan Ramírez from Mets for cash
worldLOS ANGELES (AP) — The Los Angeles Dodgers acquired pitcher Yohan Ramírez from the New York Mets for ...
【world】
Read moreACWF Celebrates China
worldContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【world】
Read moreShen Meets Norov
worldContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【world】
Read more
Popular articles
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
- China's Experience with Gender Equality Shared at UN
- China's Experience with Gender Equality Shared at UN
- Seminar for Women Leaders of Political Parties from Southern African Countries Convenes in Beijing
- Red Lobster seeks bankruptcy protection after closing some restaurants
- ACWF Launches Publicity, Education Campaign to Celebrate CPC's Centenary
Latest articles
OpenAI pauses ChatGPT voice after Scarlett Johansson comparisons
ACWF and UN Women Working Hand in Hand, Supporting Women in Coping with COVID
Chinese Women's Federation Issues Evidence Guide on Domestic Violence
China Issues Action Plan to Advance Disability Prevention
Analysis: Larson enters conversation with Verstappen as best drivers in the world
National Campaign of Caring for Children in Summer Vacation Launched
LINKS
- Goldman, Brown families could be first in line for OJ Simpson's assets
- JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
- SpaceX launches 4 astronauts to the ISS for a 6
- Stock market today: Wall Street falls sharply to close out its worst week since October
- Should you itemize or take a standard deduction on your tax return? Here's what to know
- Tobacco companies using Tiktok to target young people
- Eating less meat would be good for the Earth. Small nudges can change behavior
- April's total solar eclipse promises to be the best yet for experiments
- Brewers rout Orioles 11
- Odysseus: Moon lander tipped over at touchdown, limiting the data it's sending