Pending US home sales slide to all-time low in January on rates, prices, maybe weather

In January, home sales slipped at a low level of all time Mortgage high pricesTo be in style High prices for postsand probably the horrible weather of last month hindered those who seek to buy.

The National Association of Hyrtars said that on Thursday that its expected sales index, which is an indicator of home sales, decreased by 4.6% in the previous month. Difficult transactions have fallen by 5.2% from the end of the year.

He lived a monthly monthly decline in Midwest, in the south and the west, the most important decline in the south. Despite high winds and low temperatures, sales in the northeast rose modestly.

“It is unknown whether less buyers in the market have invested less than 25 years, and if so, expect more sales activity in the coming months,” said the statement. “However, it is clear that the prices of the raised house and high mortgage ratings are tense.

In January, mortgage interest rates amounted to 6.91% and 7.04%.

On Friday, Nar said that the sale of houses in the United States before slipped 4.9% of the last month in December, at the seasonalized annual 4.08 million units.

Compared to January last year, sales increased by 2%, indicating fourth straight growth. The sale of the last house, however, was short-leased from the short-term PACE economists, which was waiting for the doctrines.

In a row of the 19th period, house prices rose annually. In January, the national average sales price increased by 4.8%, compared to last year, reaching $ 396,900.

The US Housing Market has been declining until 2022, when mortgage prices began to rise from the epidemiological era. Sale of US Houses previously captured last year The lowest level in about 30 yearsA number

This year, the shares of home builders were punished, and those prices slipped on Thursday. Tariffs threatened by President Donald Trump have led to an increase in the field of rise in the field due to higher prices for higher wood and metal. And the mass deportations can also increase expenses under the Victory Administration.

This year, the builder’s cloaks decreased by 11%. Dr. Horton and Lenar decreased from 7% to 9%. In 2025, Bay’s houses are located about 17%.