Did home sales momentum fizzle in December?
Housing Wire
JANUARY 6, 2025
The New Years week was expected to be slow, so it’s no surprise that new listings and sales are down. Those will start rebounding in next weeks data. The Christmas and New Year’s holidays fell on Wednesdays this year, which messes up two full weeks in terms of getting home sales done and tracking the numbers. At the same time, mortgage rates jumped back over 7%.
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