US home sales see first yearly increase in over three years, hinting at market stabilization.

US home sales have seen their first year-over-year increase in more than three years, signaling a potential shift in the housing market. This gain follows a period of sustained decline due to high interest rates and economic uncertainties. Experts suggest that this uptick could indicate stabilizing market conditions, though caution that the recovery may be slow and uneven across different regions.

November 21, 2024
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