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Summary: US New Home Sales Accelerate in September
- Sales of new U.S. single-family homes surged in September due to a chronic shortage of previously owned houses.
- Mortgage rates approaching 8% could potentially curb demand.
- Article on reuters.com.
Must-Know Points: Understanding the Acceleration of New Home Sales in the US
An article on reuters.com reports that sales of new U.S. single-family homes surged in September, primarily due to a chronic shortage of previously owned houses. However, the article also notes that mortgage rates approaching 8% could potentially curb demand in the near future.
As a Kansas City Realtor, we understand the importance of staying informed about industry developments and trends, particularly those that impact the real estate market on a national level. Our team of experienced professionals is dedicated to providing expert guidance and assistance, ensuring our clients successfully navigate the real estate market and find properties that suit their needs and preferences.
In conclusion, the article highlights the acceleration of new home sales in the US in September, driven by a shortage of previously owned houses. However, rising mortgage rates could potentially dampen demand in the future. As a professional and dedicated Kansas City Realtor, we’re committed to providing expert guidance and assistance to help our clients achieve their real estate goals, whether they involve understanding market trends or other factors. If you’re looking for assistance in buying or selling a property in the Kansas City area, don’t hesitate to reach out to our team for expert guidance and support.
Orginal article: Link To Article – provided by Kansas City Realtors
