The housing market in Delaware continues to cool off with home sales dipping for the second straight month at a much faster rate than national sales.
In October, Delaware home sales fell by nearly 20% from September and by more than 30% compared with October last year.
The 1,084 sales in October were 19.94% lower than the 1,354 in September, and down 32.08% from October 2021 sales of 1,596, according to the Delaware Association of Realtors.
Across the U.S., October sales dipped 5.9% from September to a seasonally adjusted annual rate of 4.43 million in October, the National Association of Realtors reported.
Year-over-year, U.S. sales dropped by 28.4% from an annual rate of 6.19 million in October 2021.
To continue reading the rest of the article, please click on the source link below:
https://www.delawareonline.com/story/news/2022/12/05/delaware-home-sales-in-october-drop-more-than-national-averages-but-prices-rise/69689707007/
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
