Tag: slowest
Home sales just posted their slowest May in 16 years
Laurel Wamsley The home sales slump in the U.S. continues: Last month was the slowest May for existing home sales since 2009. Existing home sales in May fell 0.7% compared to the same month last year. Measured monthly, sales were up slightly, 0.8%, from the month before — but that marks an increase from the…
The U.S. just experienced its slowest annual sales of homes since 1995
Laurel Wamsley The final figures for home sales last year are in, and the story is quite grim: 2024 was the slowest year for existing home sales in nearly three decades. Existing-home sales last year totaled 4.06 million, the lowest on an annual basis since 1995, according to the National Association of Realtors on Friday.…