September home sales drop to lowest level since 2010

Inventory was 23% higher from September 2023 last month, good news for home buyers as it gives consumers more properties to view before the decision.

The median price of an existing home sold in September was $404,500, an increase of 3% year over yearSales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the National Association of Realtors.Sales were 3.5% lower than in September 2023. Sales fell in three out of four U.S. regions, with just the West region seeing a gain.

Inventory rose 1.5% month to month to 1.39 million homes for sale at the end of September. That represents a 4.3-month supply at the current sales pace. Inventory was 23% higher from September 2023. The most successful new hires do these 3 things, say talent officers at Salesforce and American Express

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCLA /  🏆 319. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

September home sales drop to the lowest level since 2010The median price of an existing home sold in September was $404,500, an increase of 3% year over year Inventory rose 1.5% month to month to 1.39 million homes…
Read more »

Democrats Shut Down Campaign Office in Must-Win State After ShootingsThe Democratic office was struck by bullets on September 16, September 23 and October 6.
Read more »

September Was Bad For Kia Sales, Even Worse For EV6 That Dropped 23%EV6 registrations slid by almost a quarter, but the EV9 SUV has proved a hit and might be cannibalizing crossover's sales
Read more »

Spurs Starter, September 23, 2024: San Antonio Spurs Week BeginsYour daily briefing on what's going on with the San Antonio Spurs, including news, draft & more.
Read more »

BTC, ETH and XRP Price Prediction for September 23Which top coins can keep rising this week?
Read more »

Best things to do this week in Los Angeles and Southern California: September 23Laura Hertzfeld's bio on LAist.com.
Read more »