US Existing Home Sales Rise 1.2% in October as Mortgage Rates Decline
US existing home sales rose 1.2% in October to an annualized 4.10 million units, surpassing forecasts, as mortgage rates declined and inventory tightened, according to NAR data.
US New Home Sales Rise Slightly to 627,000 in June, Missing Market Expectations
US new home sales rose 0.6% to 627,000 units in June, missing market expectations, with median prices falling and inventory levels rising to a 9.8-month supply.
US Existing Home Sales Fall 2.7% in June—Home Prices Hit Record High
US existing home sales fell 2.7% in June to 3.93 million units, missing forecasts, as record-high prices and supply shortages continued to dampen demand.
South Korea's June 27 household debt measures triggered a 73% plunge in Greater Seoul apartment transactions, with buyers shifting to smaller, lower-priced units as median prices and areas fell sharply across key districts.
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'6.27 Measures' Drive Concentration of Apartment Transactions in Greater Seoul Toward Smaller, Lower-Priced Units
South Korea's June 27 household debt measures triggered a 73% plunge in Greater Seoul apartment transactions, with buyers shifting to smaller, lower-priced units as median prices and areas fell sharply across key districts.
US New Home Sales in January at 657,000 Units, Below Market Expectations
US new home sales in January fall to 657,000 units, missing market expectations and declining from both previous month and year-ago levels, amid fluctuating housing market conditions.
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