U.S. Home-Sale Price Growth Slowing -- Market Talk

Dow Jones

Feb 27, 2025

1049 ET - U.S. median home-sale prices grew 3.5% year over year in the four weeks ending Feb. 23, the smallest rise since September, according to Redfin. Mortgage rates fell to 6.78% from 7.13% in two weeks, boosting buyer power amid a slowing economy and recession fears. With 4.6 months of supply--up from 4 last year--buyers are negotiating better deals, with homes selling 2% below asking. Despite lower rates and slower price growth, pending sales dropped 6.2%, and monthly payments remain near record highs. But home tours are up, hinting at potential sales if rates keep dipping. Redfin says its agents are urging buyers to act fast, as rates could climb past 7% amid uncertainty, and new listings rose only 2.4%, the smallest gain in a month, suggesting supply may soon tighten. (chris.wack@wsj.com)

(END) Dow Jones Newswires

February 27, 2025 10:49 ET (15:49 GMT)

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Mortgage rates fell to 6.78% from 7.13% in two weeks, boosting buyer power amid a slowing economy and recession fears. With 4.6 months of supply--up from 4 last year--buyers are negotiating better deals, with homes selling 2% below asking. Despite lower rates and slower price growth, pending sales dropped 6.2%, and monthly payments remain near record highs. But home tours are up, hinting at potential sales if rates keep dipping. Redfin says its agents are urging buyers to act fast, as rates could climb past 7% amid uncertainty, and new listings rose only 2.4%, the smallest gain in a month, suggesting supply may soon tighten. (chris.wack@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 27, 2025 10:49 ET (15:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Home-Sale Price Growth Slowing -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Home-Sale Price Growth Slowing -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-27 23:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1049 ET - U.S. median home-sale prices grew 3.5% year over year in the four weeks ending Feb. 23, the smallest rise since September, according to Redfin. Mortgage rates fell to 6.78% from 7.13% in two weeks, boosting buyer power amid a slowing economy and recession fears. With 4.6 months of supply--up from 4 last year--buyers are negotiating better deals, with homes selling 2% below asking. Despite lower rates and slower price growth, pending sales dropped 6.2%, and monthly payments remain near record highs. But home tours are up, hinting at potential sales if rates keep dipping. Redfin says its agents are urging buyers to act fast, as rates could climb past 7% amid uncertainty, and new listings rose only 2.4%, the smallest gain in a month, suggesting supply may soon tighten. (chris.wack@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 27, 2025 10:49 ET (15:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514846243","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514846243","pubTimestamp":1740671340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1049 ET - U.S. median home-sale prices grew 3.5% year over year in the four weeks ending Feb. 23, the smallest rise since September, according to Redfin. Mortgage rates fell to 6.78% from 7.13% in two weeks, boosting buyer power amid a slowing economy and recession fears. With 4.6 months of supply--up from 4 last year--buyers are negotiating better deals, with homes selling 2% below asking. Despite lower rates and slower price growth, pending sales dropped 6.2%, and monthly payments remain near record highs. But home tours are up, hinting at potential sales if rates keep dipping. Redfin says its agents are urging buyers to act fast, as rates could climb past 7% amid uncertainty, and new listings rose only 2.4%, the smallest gain in a month, suggesting supply may soon tighten. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFA.SI":"NikkoAM-STC Asia REIT","HBCP":"Home Bancorp Inc","BK4548":"巴美列捷福持仓","BK4211":"区域性银行","BK4079":"房地产服务","RDFN":"Redfin Corp","BK4195":"互助储蓄与抵押信贷金融服务"},"translate_title":"美国房屋销售价格增长放缓——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RDFN":0.9,"HBCP":1,"CFA.SI":1},"content_text":"1049 ET - U.S. median home-sale prices grew 3.5% year over year in the four weeks ending Feb. 23, the smallest rise since September, according to Redfin. Mortgage rates fell to 6.78% from 7.13% in two weeks, boosting buyer power amid a slowing economy and recession fears. With 4.6 months of supply--up from 4 last year--buyers are negotiating better deals, with homes selling 2% below asking. Despite lower rates and slower price growth, pending sales dropped 6.2%, and monthly payments remain near record highs. But home tours are up, hinting at potential sales if rates keep dipping. Redfin says its agents are urging buyers to act fast, as rates could climb past 7% amid uncertainty, and new listings rose only 2.4%, the smallest gain in a month, suggesting supply may soon tighten. (chris.wack@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 27, 2025 10:49 ET (15:49 GMT)\n\n\n  Copyright (c) 2025 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"}}}