Latest Lawrence Yun News
US home sales fell in August despite easing mortgage rates, more homes on the market
LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market continued to rise. Existing home sales fell 2.5% last month, from July, to a seasonally...
US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on the market
LOS ANGELES (AP) — Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home shoppers. Existing home sales rose 1.3% last month from June to a seasonally adjusted annual rate of 3.95...
US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices
LOS ANGELES (AP) — The nation's housing slump deepened in June as sales of previously occupied homes slowed to their slowest pace since December, hampered by elevated mortgage rates and record-high prices. Sales of previously occupied U.S. homes fell 5.4% last month from May to a...
US homes find fewer foreign buyers as rising costs and a strong dollar leave market in record slump
LOS ANGELES (AP) — Sales of U.S. homes to Chinese, Canadian and other foreign buyers have fallen to the lowest level in more than a decade, hampered by a strong dollar and more hurdles that have kept the housing market in a deep sales slump for over two years. Some 54,300...
