Tag Archives: disappoint

Housing economist warns of 8% mortgage rates after home sales disappoint

Homebuyers made fewer offers in August as tough housing circumstances persevered. Which will get even worse, one housing skilled mentioned. Gross sales of beforehand owned houses declined 0.7% in August from the month previous to an annualized price of 4.04 million, the Nationwide Affiliation of Realtors mentioned Thursday. That underperformed the 0.7% enhance and 4.10 million annualized price that economists polled …

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