New Years Sales 2024 – The divergent trends for new and existing home sales trace back to elevated mortgage rates. The average interest rate for a 30-year fixed mortgage has soared to 6.9%, rebounding after a steady decline . The numbers: U.S. new-home sales rose 1.5% to an annual rate of 661,000 in January, from a revised 651,000 in the prior month, the Commerce Department reported Monday. The number is seasonally .
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New Years Sales 2024 Best New Year Sales of 2024: A Shopper’s Paradise | by New Year : Sales of new U.S. single-family homes rose less than expected in January, likely curbed by frigid weather, but demand for new construction remains underpinned by a persistent shortage of previously . Sales of previously owned homes, which make up most of the housing market, will likely show an increase in January, economists said, following a drop last year to the lowest level in nearly three .
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