Existing-home sales unexpectedly increased in September, offering a rare positive surprise for the struggling housing market, according to the National Association of Realtors (NAR). Why it matters: The improvement is encouraging, but the housing market remains historically sluggish. Existing-home sales ...
Existing-home sales slowed as expected in July as elevated mortgage rates continued to weigh on buyers, though sales remained slightly above last year’s levels. Why it matters: The housing market continues to struggle with affordability, but year-over-year sales growth suggests ...