Latest Lawrence Yun News

2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach

Jan. 24, 2025 13:10 PM EST

LOS ANGELES (AP) — The latest evidence that homeownership is becoming increasingly less accessible to many Americans: Sales of previously occupied U.S. homes fell last year to a nearly 30-year low for the second time in as many years. Elevated mortgage rates, a yearslong shortage...