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Existing home sales for August -0.2% vs. -1.5% estimated
CNBC Television· 2025-09-25 14:49
Um, you guys, you mentioned housing. There's an interesting wrinkle in existing today. Let's get to Diana Olick.Hey, Diana. >> Hey, Carl. I guess the wrinkle is that the uh AP has broken the embargo for 10:00.So, we'll just go ahead with the numbers right now. Existing home sales were essentially flat in August at a seasonally adjusted annualized rate of 4 million units. That's down 0.2% from July, up 1.8% from August of last year.Now, the street was looking for a slightly bigger drop of 1 and a.5%. Sales w ...
Home Sales Fell in August, Slowed by High Home Prices
WSJ· 2025-09-25 14:07
The median home price rose to $422,600, up 2% from a year ago and the highest price ever for the month of August. ...
X @The Motley Fool
The Motley Fool· 2025-09-23 12:00
Average home prices are up 2,000% since 1970.The S&P 500 is up 12,800% over the same period. ...
X @Joe Consorti ⚡️
Joe Consorti ⚡️· 2025-09-19 20:43
The US housing market is now $55.1 trillion.It has risen $20 trillion in less than 5 years, and only 12.5% of that new value is from newly built homes.Money printing is responsible for 87.5% of the growth in home prices since 2020.Insanity. https://t.co/UT6KD8dBOU ...
The Corcoran Group's Noble Black on the impact of the rate cut on the housing market
CNBC Television· 2025-09-19 18:21
Uh, let's stick with housing. Our next guest says this week's rate cut will spike housing demand, particularly from first-time buyers, but warns that could also drive prices back up. Joining us now is Noble Black, real estate broker at Cork Noble.Great to have you with us. >> Thanks for having me. >> Um, are you expecting rates to resume a downward sort of trajectory even though we saw a spike right after the Fed meeting.>> Who knows, right. I mean, I I think we're certainly not going to see them fall drama ...
What lower interest rates mean for the housing market
Yahoo Finance· 2025-09-17 21:06
Mortgage rates are at the lowest levels we've seen in a year. Well, the Federal Reserve's benchmark interest rate does not directly affect mortgage rates. They are connected.So, how will a cutting cycle affect the housing market. Lawrence Yu, National Association Realtors chief economist is joining me now. Good to see you, Lawrence.We also have the backdrop of uh housing starts which showed some weakness, the lowest since May last month. So, that reflecting one part of the housing market as well. But as the ...
