www.bloomberg.com
US existing home sales rose in December to their highest level since 2023, signaling a potential rebound for the sluggish housing market. The increase suggests buyers may be adjusting to sustained higher mortgage rates, though sales for the full year still marked the weakest since 1995. Analysts attribute the uptick to a seasonal adjustment, but remain cautious about the market’s long-term health given affordability challenges and low inventory.
Read More
