New home sales nationwide plunged in November. Here's where home sales are headed in Nebraska - News Summed Up

New home sales nationwide plunged in November. Here's where home sales are headed in Nebraska


New home sales in the US dropped in November as mortgage rates slowly retreated from their highest levels this year. Sales were up just 1.4% from a year ago. Affordability challenges, particularly with high mortgage rates, likely kept buyers on the sidelines. Typical mortgage rates reached their highest levels in 23 years – hitting 7.79% for a 30-year, fixed-rate loan – and have been coming down since. Check out these charts to see where home sales are trending in Nebraska.


Source: Daily Sun December 25, 2023 00:34 UTC



Loading...
Loading...
  

Loading...