According to a new report from the National Association of Realtors, foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024
According to Redfin, U.S. home sales fell 1.7% month over month in May 2024 on a seasonally adjusted basis and dropped 2.9% from a year earlier.
Based on Freddie Mac's latest Primary Mortgage Market Survey for the week ending May 23, 2024, the 30-year fixed-rate mortgage averaged 6.94 percent.
According to new data from the National Association of Realtors, existing U.S. home sales declined in April 2024. All four major U.S. regions experienced month-over-month decreases. Yet, year-over-year sales fell in the Northeast, Midwest, and South, but rose exclusively in the West.