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Sales, August
Home sales slumped to lowest August level since 2010. But they’re poised to soar after the Fed finally cut interest rates
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed onto the market after the Federal Reserve finally cut interest rates this week for the first time in four years — and signaled more rate cuts by year’s end.
August home sales drop more than expected, as prices set a new record
Tight supply is keeping the pressure on prices. The median price of an existing home sold in August was $416,700, up 3.1% from the same month in 2023. That is the highest price ever for August.
US existing home sales drop in August; supply improves
U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply.
25m
Solana Climbs Over 10% To Reach Highest Since Late August
Solana prices rallied today, causing the highly prominent cryptocurrency to attain its highest value in several weeks.
13h
on MSN
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates ...
2h
Ticker: Home sales fell in August despite easing mortgage rates; Nearly 138,000 beds are being recalled
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates ...
4h
Japan's core inflation accelerates for 4th month in August
Japan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central ...
5h
on MSN
Dallas Police Association, nonprofits host BBQ fundraiser for 3 officers shot in August
The event was held as it was announced Dallas Police Chief Eddie Garcia would be leaving by the end of the year.
10h
on MSN
As Tesla’s European sales plummet 36% in August, automakers warn EV market now on ‘continual downward trajectory’
The good news for Tesla is for once it didn't perform any worse than overall EV demand in Europe in August. The bad news is the market collapsed last month.
OKC Thunder Wire
14h
Metro Phoenix home sales fall and prices flat in August. Forecast for September?
Metro Phoenix’s median home price was flat at $440,000 last month compared to July. But it’s up from $435,000 a year ago.
17h
on MSN
EU new car sales drop 18% in August, EV figures plummet 44% Y/Y
New car registrations in the European Union showed an 18% drop in August, witnessing declines in the four major markets of ...
10h
on MSN
Home Sales Fell In August Despite Lower Mortgage Rates, More Inventory
A drop in mortgage rates and more homes coming on the market in August wasn’t enough to jolt home sales from their sluggish pace—at least not yet.
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