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US existing-home sales fell 4.3% in March to a seasonally adjusted annual rate of 4.19 million; inventory of unsold existing homes increased 4.7% to 1.11 million, the equivalent of 3.2 months of the monthly sales pace: NAR
Published: April 18, 2024 by National Association of Realtors (NAR)
John Burns Consulting: 7% mortgage rates keep housing market in check, with inventory of existing homes for sale rising 2% year-over-year, while still near historic lows; builders still have the edge, but rising resale inventory may erode their advantage
Published: March 28, 2024 by John Burns Research & Consulting
Fannie Mae notes February jump in existing home sales may prove unsustainable, lead to pullback in March, while low supply continues upward pressure on prices; February strength in new homes partially reflects rebound from poor January weather conditions
Published: March 25, 2024 by Federal National Mortgage Association (Fannie Mae)
US existing-home sales surged 9.5% in February to a seasonally adjusted annual rate of 4.38 million; inventory of unsold existing homes increased 5.9% to 1.07 million, equivalent to 2.9 months of the monthly sales pace: NAR
Published: March 21, 2024 by National Association of Realtors (NAR)
CIBC: US housing starts above expectations in February, up 11% month-over-month, while permits also rise above estimate, up 2%; builder confidence rises for fourth straight month, lifted by moderation in mortgage rates and lack of existing home inventory
Published: March 21, 2024 by CIBC World Markets Inc.

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