STAY CONNECTED WITH US

US Home Sales Slide in August after 3 Months of Solid Gains

WASHINGTON — U.S. home sales slid in August by the most since January as tight supplies and rising prices discouraged potential buyers.

The National Association of Realtors said Monday that sales of existing homes fell 4.8 percent from the previous month to a seasonally adjusted annual rate of 5.31 million, the lowest level since April. That's down from 5.58 million in July, which was the highest in more than eight years.

Read Full Story

Copyright ©2024 BOOMSbeat., All rights reserved.
Share Connect Tweet 0 Comment Email

SHARE YOUR THOUGHTS

Real Time Analytics