The real estate market in South Florida is facing a slowdown as mortgage rates continue to rise. According to Realtors of Broward, Palm Beaches and St. Lucie Counties, home sales have been declining in the region for the past few months. This trend is echoed across the country, with many...
Tag: market
Existing-Home Sales Fall for the 12th Straight Month in January, Lowest Since 2010
The numbers: U.S. existing-home sales fell 0.7% to a seasonally adjusted annual rate of 4 million in January, the National Association of Realtors said Tuesday.This is the 12th straight monthly decline in existing-home sales. The 12-month losing streak is the longest since NAR began tracking sales in 1999.Economists polled by...
