Account

Find us on...

Dashboard

Login using...

New Search X

Tagged : Maui Real Estate Statistics September 2022

Found 1 blog entry tagged as "Maui Real Estate Statistics September 2022".

Maui Real Estate Statistics September 2022

Please CLICK HERE for the Full Report

The U.S. real estate market continues to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. With inflation showing little sign of abating, the Federal Reserve implemented another 75-basis-point hike in September, marking the third such rate increase this year. The cost of borrowing has reached multi-year highs on everything from credit cards to auto loans in 2022 as mortgage interest rates topped 6% for the first time since 2008, causing existing home sales to decline for the seventh consecutive month. New Listings decreased 39.3 percent for Single Family homes and 52.7 percent for

1,108 Views, 0 Comments