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May 14, 2024 at 10:24 AM. Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher ...
On Tuesday morning, the home improvement retailer posted revenue of $36.42 billion, compared to the $36.66 billion expected by Wall Street. That's about a 2.3% drop year over year; the company ...
A house is for sale in Arlington, Virginia, on July 13, 2023. However, real estate investors are also snatching up a record share of the most affordable homes in the country, according to the ...
CORRECTION (May 23 2024, 10:31 a.m. ET): A previous version of this article misstated the national Home Buyer Index and Home Buyer Scarcity Index levels for April 2024. They are 82.4 and 84.8 ...
The median price of previously occupied homes rose 5.7% to $407,600 — the tenth straight increase and a record for April. U.S. existing home sales drop 1.9% in April, pushed lower by high rates ...
Many homeowners have been reacting to higher financing costs by pausing or delaying projects to a further date, about 36% of consumers reported, per John Burns, while 30% of consumers are spending ...
Why is it so hard to buy a home? Prices have far outpaced middle-class incomes. Mortgage rates are above 7% for the first time since 2002. And 3 out of 10 homes are sold above listing price.
Still, home equity was up from the fourth quarter — rising to $274,000 per average owner from $270,000 — tracking with the nascent recovery. “Home equity trends closely follow home price ...
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