U.S. housing prices fall for 1st time since 2012, but monthly sales rise after 12-month slide
The median price for U.S. existing homes fell 0.2 percent in February from a year earlier, to $363,000, the National Association of Realtors said Tuesday, marking the first year-over-year decline in home prices since February 2021. February's prices were down 12.3 percent from a record high in June, but that doesn't necessarily mean a break for prospective homebuyers because mortgage rates have risen at the same time in tandem with the Federal Reserve's inflation-fighting interest rate hikes.
Читать дальше...