US Single-Family Home Sales Plummet, Supply Reaches 10-Year High

The US housing market experienced a significant downturn in March, with single-family home sales dropping and supply reaching a decade-high, while condo sales hit a record low.

13 Apr, 18:27 — 13 Apr, 18:27

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wolf-streetMixed143d ago

Single-Family Home Sales Drop Further into Deepfreeze, Supply Hits 10-Year High, Condo Sales Plunge to Record Low

March was a lousy beginning of spring selling season. But mortgage rates ticked up only modestly.

By Wolf Richter

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US Single-Family Home Sales Plummet, Supply Reaches 10-Year High

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Single-Family Home Sales Drop Further into Deepfreeze, Supply Hits 10-Year High, Condo Sales Plunge to Record Low

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