March Housing Sales Slowest Since 2009 as Market Stalls
The U.S. housing market experienced its slowest March home sales since 2009, with existing home sales falling by 3.6% month-over-month and reaching a nine-month low. Despite record-high median prices of $408,800, buyers face challenges due to high rates and limited inventory.
Topics: existing_home_sales median_home_price mortgage_rates