Economy Country October 24, 2024

US Home Sales Decrease by 1% in September

In September, existing home sales in the United States decreased by 1% compared to August, indicating a slight downturn in the housing market. Analysts suggest this decline may affect the overall economic outlook.


US Home Sales Decrease by 1% in September

In the latest report, home sales in the USA fell by 1% in September compared to August. This makes September the slowest month in the past four years.

Experts cite several reasons, including a limited selection of available homes and rising prices for real estate. Some markets are experiencing a housing deficit, making it difficult for many buyers to purchase.

"The decrease in the number of available homes affects transactions. Buyers are facing a limited selection, which may lead to decreased sales," noted a real estate expert.

Despite this decline, real estate specialists remain optimistic about the future market. They hope that in the near future, observed trends will change and home sales will resume their growth.