admin Home Sales 2024 – Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. . Home sales will pick up in the second half of 2024 and continue into 2025, as prices see “modest” declines and homebuilding activity grows stronger. .
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Home Sales 2024 Experts Predict Home Improvement Spending to Decline by 2024 : In 2020 and 2021, mortgage lenders dropped their rates, and buyer demand soared. Existing homeowners also rushed to refinance their mortgages to take advantage of those lower rates. . The sale of previously owned homes fell to an annualized rate of 3.79 million in October, marking a 13-year low, according to data released by the National Association of Realtors (NAR) on .