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Sales, August and Mortgage Rates
August home sales drop more than expected as prices set a record
Tight supply is keeping the pressure on prices. The median price of an existing home sold in August was $416,700, up 3.1% from the same month in 2023. That is the highest price ever for August.
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising.
UK retail sales rise by more than expected in August
British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, official figures showed on Friday.
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Who’s hiring – or not – in Southern California? August jobs report offers clues
Today, it’s a decidedly cooler job market. For the month, Southern California gained 17,100 workers, primarily as educators ...
23m
Alabama real estate sales down statewide in August, but interest rate cut may signal change
Sold dollar volume totaled $1.49 billion in August, up 6.41% year-over-year, but down 1.3% from the prior month.
katc
23m
Arrest made in August slaying
Bradley Fontenot III is accused in the death of Dallas Lewis, 19, of New Iberia, who was found dead in front of a house in ...
11h
China, Japan reached agreement in August on Fukushima water discharge
China and Japan reached a consensus in August on the discharge of radioactive water from the Fukushima nuclear plant, the ...
3h
House Democrats’ campaign arm raises $22M in August
House Democrats’ campaign arm, raised $22 million in the month after President Biden dropped out of the presidential race.
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