Existing home sales slump more than expected

Existing home sales in January fall 4.9%
Chappell Roan is featured in the new docuseries “Faces of Music” and is seen without makeup for part of the show along with other music stars, including Becky G and Victoria Monét. CNBC's Diana Olick joins 'Squawk on the Street' with the latest economic data.
Existing home sales slump more than expected in January
U.S. Existing Home Sales: -4.9% to 4.08M vs. 4.13M consensus and 4.29M prior (revised from 4.24M), according to National Association of Realtors data released on Friday.
Existing-Home Sales Decreased 4.9% in January, But Increased Year-Over-Year for Fourth Consecutive Month
The median existing-home sales price advanced 4.8% from January 2024 to $396,900, the 19th consecutive month of year-over-year price increases. The inventory of unsold existing homes grew 3.5% from the prior month to 1.
Home Sales Fell 4.9% in January, Extending Slump in Housing Market
Home prices and mortgage rates, which were a drag on home sales for most of 2024, stayed elevated and put off many buyers.
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market. Sales fell 4.9% last month from December to a seasonally adjusted annual rate of 4.
Existing home sales fell 4.9% in January, continuing slump
Sales of existing homes slipped 4.9% in January, but year-over-year sales were up 2% as high prices and mortgage rates keep some potential buyers on the sidelines, including first-time buyers. Existing home sales retreated in January,

Canada Retail Sales Slide

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