US Existing-Home Sales Hit Nine-Month Low Amid High Prices and Rising Rates

53 articles · Updated · Bloomberg · Apr 13

US existing-home sales fell 3.6% in March to a seasonally adjusted annual rate of 3.98 million units, reaching a nine-month low.
Sales declined 1% year-on-year, with the Northeast and Midwest seeing the largest drops, while the median home price rose 1.4% to $408,800.
Persistently low inventory and rising mortgage rates continue to constrain buyers, keeping home sales well below historical norms despite ongoing price increases.

Will predicted rising foreclosures and flat new home sales signal a coming market shift?

With record prices and falling sales, is the US housing market cooling or simply becoming exclusive?

Can policy changes truly unlock inventory when homeowners stay put for a record 8.6 years?

Are "improving" affordability and rising prices masking a deeper, widening housing divide?

Beyond supply, what structural failures keep 4-5 million homes out of reach for Americans?

What does the "American Dream" mean for Gen Z, facing $94,000 debt and a median first-time buyer age of 40?