
Housing•
US Home Sales Show Slight Dip in August Amid High Rates
U.S. existing-home sales experienced a slight 0.2% dip in August, as high mortgage rates and low inventory continue to shape a sluggish market, new NAR data shows.
Isabella Rossi is a senior business correspondent for Crezzio, focusing on real estate trends, housing markets, and personal finance. With over a decade of experience, she analyzes market data to provide actionable insights for consumers.
U.S. existing-home sales experienced a slight 0.2% dip in August, as high mortgage rates and low inventory continue to shape a sluggish market, new NAR data shows.
The National Association of REALTORS® forecasts a rebound in U.S. home sales for 2025, driven by falling mortgage rates and increased housing supply.