✉news BusinessReal Estate first seen 15 h ago, last 7 h ago, peak #2
US home sales rose in September despite higher rates and prices
Original: US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose
US existing-home sales increased in September from the previous month, according to reports circulating across multiple US news outlets, though sales remained slower than a year earlier. Rising mortgage rates and elevated home prices continue to weigh on affordability, keeping the housing market subdued on a year-over-year basis despite the monthly uptick.
Why now: Fresh monthly housing data is being reported as buyers and watchers assess whether the market is recovering amid high mortgage rates and prices.
United StatesNational Association of Realtors
Evidence
- US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose · Bozeman Daily Chronicle
- US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose · 104.5 WOKV
- US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose · KIRO 7 News Seattle
API: https://socialmediatrends-api.osmike.com/v1/trends/2118608