- Monthly 0.657m revised before 0.664m
- New home sold for 0.676m vs 0.679m estate
- New home-by -6 home riotions (revised from -10.5%).
Details:
- Moderal Sales Price: $ 414,500, down -1.5% from Feb 2024 ($ 420,900)
- Homes for sale at the end of February: 0.500 million Units (VS 0.496m)
- New home supply: 8.9 months at a current distance (vs. jan 9.0 months)
Downloads mortgage levels came from above 7% to 6.74%
Looking at the historic data, the sales distance is in the middle of the area with the highway near 0.760m and low nearly 0.590m.
Remembering the home sales (which accounts are for the majority of US home selling) that was released last week. In February 2025, SHO MAY only with 4.2% to an annual level of 4.26 million units, enter 3.95 millionForexlive
The sale price at the middle of the advanced home will be 3.8% longer than a year to $ 398,400, marks the 19 ongoing month. Census levels remained constant at a 3.5-month supply, not amendment since before. Forexlive
Despite their positive movement, affordable challenges adhere to due to the upper-up of a home-haired home prices and a raised mortgage rates. The market continues changing according to these conditions, with buyers and sellers changing the current economic landscape.
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