 |
 |
 |
 |
|
|
|
|
Sponsored by Quicken Loans |
|
|
Backtrack for Existing-Home Sales: Can Lower Mortgage Rates Revive Them? |
By RISMedia Staff |
Existing-home sales in March tumbled 4.9 percent, coming off a February surge, the National Association of REALTORS® reports. At 5.21 million, existing-home sales last month underwhelmed by 5.4 percent year-over-year. "It is not surprising to see a retreat after a powerful surge in sales in the prior month," says Lawrence Yun, chief economist at NAR. "Still, current sales activity is underperforming in relation to the strength in the jobs markets. The impact of lower mortgage rates has not yet been fully realized." Encouragingly, however, 1.68 million existing homes were on the market, an increase from 1.63 million in February and 1.64 million the prior year. ...
Read More > |
|
 |
 |
|
 |
|
RISMedia, publisher of Real Estate magazine, is dedicated to providing real estate professionals with the most up-to-date news, information and business development resources in the industry. To submit questions, comments, suggestion, press releases or story ideas, please e-mail realestatemagazinefeedback@rismedia.com
"Branding, Positioning. . . Building Relationships since 1980"
RISMedia, Inc. 69 East Ave. Norwalk, CT 06851
Copyright ® 2025 RISMedia, Inc. All Rights Reserved. |
|
|
 |
|
|
This email was sent by RISMedia, Inc.. You can unsubscribe at any time.
Edit your subscription |
Unsubscribe
|
|
|