Trending News: October 25, 2023

Homebuilder sentiment falls (again) as existing home sales waned last month - however - home values surge to new record as median prices climb to $350K.

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Show Notes

Homebuilder sentiment falls again as mortgage rates climb toward 8%: The Fed’s higher-for-longer monetary policy stance is raising concern in the industry. Read more

Existing home sales waned in September, according to NAR: Existing-home sales fell 2% in September and 15.4% compared to a year ago. Read more

Home values surge to new record as median prices climb to $350K: The median US home price rose to $350,000 in the third quarter, 2% higher than the previous record set just a quarter earlier, according to new data from Attom. Read more

Music by: Gloria Tells from Epidemic Sound

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