Hosts Sales in the United States in January sliding to all time High mortgage rates, Record prices at the priceAnd perhaps the terrible time last month interfered with those who want to buy.
The National Association of the Realtor announced that his sales index was pending, which is an indicator of the sale of the House based on the signatures of the contract, declined by 4.6% to 70.6. Unresolved transactions fell by 5.2% of the performed period.
It was a month in the Midwest, South and West, with the most important fall in the south. Despite the prostheses of high winds and low temperatures, sales on the northeastern rose modest.
“It is unclear that the coldest January in 25 years has contributed to smaller customers in the market, and if they are, they expect greater sales activity in the upcoming months,” said the main economist Lawrence Yun in the statement. “However, it is evident that elevated prices of home and greater mortgage rates have tucked accessibility.”
The mortgage rates in January amounted to between 6.91% and 7.04%.
Friday Nar said sales previously occupied US homes slippery 4.9% last month from December to seasonally adapted annual rates of 4.08 million units.
Sales rose 2% compared to January last year, marking the fourth flat annual increase. The latest household sales, however, was missing from 4.11 million economists for tempo, according to FactSet.
The cost of the house increased on an annual basis for 19. consecutive month. The national middle sales price increased by 4.8% in January from a year earlier at $ 396,900.
The American housing market was in a sales decline from 2022. year, when mortgages began to climb from the pandemic age. Sales of previous occupied American homes fell last year The lowest level in almost 30 years.
The shares of publicly traded houses in the house were punished this year, and those prices again slipped on Thursday. The tariffs threatened by President Donald Trump led to growing discomfort in the sector due to the possibility of higher prices for wood and metals. And mass deportations within the Trump could also increase the costs of builders.
The brothers charged was charged 11% this year. Dr. Horton and Lennar are lowered between 7% and 9%. Beazer homes are lowered with almost 17% in 2025. years.
2025-02-27 16:28:00
