The President of Greater Nashville Realtors says rising interest rates may put a damper on the market.
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More info on 2022 home sales outlook in Nashville
2022 home sales outlook in Nashville - BingNews Search results
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Home sales fell again in August as homebuyers grapple with rising mortgage rates
Sales of previously ... versus the same stretch in 2022. Meanwhile, prices rose again last month, propped up by buyers competing for a near-record low inventory of homes on the market.
New home sales dropped in August as mortgage rates climbed
New home sales dropped in August from the month before, as mortgage rates topped 7% and rose to the highest levels in more than 20 years. Sales of newly constructed homes fell 8.7% in August to a ...
Sales of newly built homes reverse course, drop nearly 9% in August
Sales of newly built homes plunged in August from July. Higher mortgage rates weighed on affordability. Sales were still higher than they were a year earlier. Sales of newly built homes fell 8.7% ...
Home sales slide more than expected in August as high mortgage rates sideline buyers
Sales of new single-family homes ... the policy rate 525 basis points since March 2022. Data last week showed the National Association of Home Builders/Wells Fargo Housing Market Index dropped ...
The housing market is slowing but home prices are still going up
Fannie Mae, the government-sponsored mortgage financing organization, projects total home sales in 2023 to be about 4.8 million, the lowest since 2011.
Existing-home sales moved lower in August : NAR
Existing-home sales were down 15.3% compared to a year ago. Despite a sharp drop in home sales compared to August 2022, the median ... a reconsideration of the outlook,” Realtor.com Chief ...
Home prices continued to climb in August, even as sales dropped
Home prices continued to climb in August, even as home sales dropped, a result of the low inventory of homes for sale pushing prices up and stubbornly high mortgage rates keeping would-be buyers ...
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Existing home sales fall for fifth month as supply crunch worsens
On an annual basis, existing home sales are down 15.3% when compared with August 2022. There were about 1.1 million homes for sale at the end of August, according to the report, down 0.9% from ...