November US Home Sales up From 2023, Down From Oct. -- Market Talk

Dow Jones

2024/12/17

1806 ET - U.S. home sales rose in 6.4% November from a year ago, but were down 11.6% from October, reflecting the typical year-end slowdown, RE/MAX said. In the 50 metro markets surveyed for the company's housing report for November 2024, inventory rose 25% from the same month in 2023. The survey also shows new listings were 8.5% higher year over year but dropped 23.5% month over month. The median sales price was $429,000, up 5.7% from November 2023's $406,000, but down 0.2% from October's $430,000. RE/MAX President Amy Lessinger said with consumer confidence rising and Millennials driving demand, this year looks set to outperform 2023 overall. (stephen.nakrosis@wsj.com)

(END) Dow Jones Newswires

December 16, 2024 18:06 ET (23:06 GMT)

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In the 50 metro markets surveyed for the company's housing report for November 2024, inventory rose 25% from the same month in 2023. The survey also shows new listings were 8.5% higher year over year but dropped 23.5% month over month. The median sales price was $429,000, up 5.7% from November 2023's $406,000, but down 0.2% from October's $430,000. RE/MAX President Amy Lessinger said with consumer confidence rising and Millennials driving demand, this year looks set to outperform 2023 overall. 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In the 50 metro markets surveyed for the company's housing report for November 2024, inventory rose 25% from the same month in 2023. The survey also shows new listings were 8.5% higher year over year but dropped 23.5% month over month. The median sales price was $429,000, up 5.7% from November 2023's $406,000, but down 0.2% from October's $430,000. RE/MAX President Amy Lessinger said with consumer confidence rising and Millennials driving demand, this year looks set to outperform 2023 overall. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"RMAX":"Re/Max Holdings Inc","CFA.SI":"NikkoAM-STC Asia REIT","HBCP":"Home Bancorp Inc"},"translate_title":"11月美国房屋销售较2023年上升，较10月下降——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HBCP":1,"RMAX":0.9,"CFA.SI":1},"content_text":"1806 ET - U.S. home sales rose in 6.4% November from a year ago, but were down 11.6% from October, reflecting the typical year-end slowdown, RE/MAX said. In the 50 metro markets surveyed for the company's housing report for November 2024, inventory rose 25% from the same month in 2023. The survey also shows new listings were 8.5% higher year over year but dropped 23.5% month over month. The median sales price was $429,000, up 5.7% from November 2023's $406,000, but down 0.2% from October's $430,000. RE/MAX President Amy Lessinger said with consumer confidence rising and Millennials driving demand, this year looks set to outperform 2023 overall. (stephen.nakrosis@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  December 16, 2024 18:06 ET (23:06 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}