Tuesday, 22 January 2019 WASHINGTON (AP) — U.S. home sales cratered in December, causing price growth to slip to the lowest level in nearly six years as the housing sector ended 2018 on a decidedly weak note. The National Association of Realtors says that sales of existing homes plunged 6.4 percent to a seasonally adjusted annual rate of 4.99 million last month, the worst pace in almost three years. For all of 2018, sales of existing homes fell 3.1 percent from a year ago to 5.34 million units, the softest total since 2015. Home sales have slowed after years of strong price growth and modest inventories hurt affordability. The median sales price in December was $253,600, up just 2.9 percent from last year.
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More homes sold in the Dayton region in March than any other month so far this year, but monthly sales declined from last year and inventory in the local housing... bizjournals Also reported by •Seattle Times •Proactive Investors
The Twin Cities set a new single-month record for the median sales price of a single-family home in March, even as above-average precipitation and soggy... bizjournals Also reported by •Proactive Investors