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US home sales hit lowest level in nearly 30 years
2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out of the market.
U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years
U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to stubbornly high mortgage rates. High costs related to homeownership sapped sales again.
Existing-home sales fall to 30-year low in 2024
U.S. existing-home sales fell in 2024 to the lowest level in 30 years, as high mortgage rates and low housing inventory weighed on home-buying activity. Home sales fell in 2024 to a 4.06 million pace,
1d
on MSN
Housing market rewind: Home sales drop in 2024 to level not seen since the '90s
“While respondents remain discouraged by the pandemic-era run-up in home prices and mortgage rates, the upward trend in ...
1d
The U.S. just experienced its slowest annual sales of homes since 1995
The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
15h
U.S. home sales in 2024 were the lowest they’ve been in nearly 30 years
Economists point to affordability issues with elevated home prices, alongside higher mortgage rates and a lack of inventory ...
1d
on MSN
Home Sales Had Their Worst Year Since 1995. There May Be a Silver Lining.
Fewer previously owned homes changed hands last year than any time since the mid-1990s. Volatile mortgage rates and ...
21h
2024 Palm Beach County home sales lowest in at least 10 years but prices keep rising
Just 127 Palm Beach County single-family homes sold last year for $149,000 or less. At the same time, 3,226 homes sold for $1 ...
1d
Existing-Home Sales in 2024 Were Slowest in Decades
The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions ...
1d
US existing-home sales pick up at end of worst year since 1995
Sales of previously owned homes in the U.S. rose for the third straight month in December, entering 2025 after the worst year ...
2d
What were the top 6 ZIP codes in Jefferson County for home sales in 2024? Take a look
More than 11,000 single-family homes were sold across Jefferson County in 2024. Take a peek and see how many were sold in ...
2d
Austin's Million-Dollar Home Sales Stall as Other Texas Cities See Increase
Whereas other cities in Texas are increasing their million-dollar home sales, Austin's million-dollar home sales have stayed relatively flat.
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