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0 -0.00121065375302661 0.000302663438256813 -0.00302663438256641 0.00907990314769989 0.0107445520581115 0.0121065375302665 0.00453995157385005
Stock impact report

Existing Home Sales Dwindles in March: What's Causing It? [Yahoo! Finance]

Dream Finders Homes, Inc. (DFH) 
Company Research Source: Yahoo! Finance
The housing market seems to be reeling ]under increasing mortgage rates, which are making homebuyers wary of spending a penny. Key Takeaways On Apr 18, 2024, the National Association of Realtors (“NAR”) said that existing home sales slipped 4.3% to a seasonally adjusted annual rate of 4.19 million units last month from February. The decline was also visible on a year-over-year basis by 3.7% (down from 4.35 million units in March 2023), signaling the cautious behavior of the homebuyers post a jump in sales in February 2024. Among the four main regions of the United States, home sales declined in three of the regions, forecasting mixed views against the current market backdrop. In March 2024, the sales in the Midwest, South and West retreated 1.9%, 5.9% and 8.2%, respectively, from the numbers of February 2024. On the other hand, the existing home sales marched up 4.2% from February, making it the only region to register an increase. On a year-over-year basis, the sales dipped i Show less Read more
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