Overall housing starts increased 15.8% in December to a seasonally adjusted annual rate of 1.50 million units, HUD said.
Pending home sales fell 4.5% in December, while canceled deals hit a record 16.2%. Existing home sales rose 0.7%, driven by ...
NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
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