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4 days agoUS Home Sales Jump to Seven-Month High as Mortgage Rates Ease
Existing home sales in the United States rose 1.5% month-on-month to an annualized rate of 4.06 million units, the strongest pace since March 2025. The median home price increased 2.1% year-on-year to $415,200, supported by lower mortgage rates and steady labor markets. Analysts said improved affordability has begun drawing buyers back into the market after months of stagnation. Housing inventory remains tight, though builders are expanding supply in key urban regions to meet pent-up demand.
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4 days agoUS Home Sales Jump to Seven-Month High as Mortgage Rates Ease
Existing home sales in the United States rose 1.5% month-on-month to an annualized rate of 4.06 million units, the strongest pace since March 2025. The median home price increased 2.1% year-on-year to $415,200, supported by lower mortgage rates and steady labor markets. Analysts said improved affordability has begun drawing buyers back into the market after months of stagnation. Housing inventory remains tight, though builders are expanding supply in key urban regions to meet pent-up demand.
Explore:Mutual Fund Themes
positive
US Home Sales Jump to Seven-Month High as Mortgage Rates Ease
4 days ago
1 min read
75 words
US existing home sales climbed 1.5% in September to 4.06 million units as easing mortgage rates and stronger wages revived housing demand nationwide.
Existing home sales in the United States rose 1.5% month-on-month to an annualized rate of 4.06 million units, the strongest pace since March 2025. The median home price increased 2.1% year-on-year to $415,200, supported by lower mortgage rates and steady labor markets. Analysts said improved affordability has begun drawing buyers back into the market after months of stagnation. Housing inventory remains tight, though builders are expanding supply in key urban regions to meet pent-up demand.
Existing home sales in the United States rose 1.5% month-on-month to an annualized rate of 4.06 million units, the strongest pace since March 2025. The median home price increased 2.1% year-on-year to $415,200, supported by lower mortgage rates and steady labor markets. Analysts said improved affordability has begun drawing buyers back into the market after months of stagnation. Housing inventory remains tight, though builders are expanding supply in key urban regions to meet pent-up demand.
Tags:
US housing
real estate
US housing
real estate
mortgage rates
economy
construction
Oct 26, 2025 • 19:47 IST