ap

Skip to content

U.S. existing home sales at a 30-year low, but metro Denver holding its own

A rebound in activity taking longer than expected because of higher interest rates

Home sales nationally are at a 30-year low, and some of the strongest price gains are now happening in neglected markets in the Northeast and Midwest. Pictured here is a home for sale in Baltimore. (Photo by ROBERTO SCHMIDT/AFP via Getty Images)
Home sales nationally are at a 30-year low, and some of the strongest price gains are now happening in neglected markets in the Northeast and Midwest. Pictured here is a home for sale in Baltimore. (Photo by ROBERTO SCHMIDT/AFP via Getty Images)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
PUBLISHED: | UPDATED:
Getting your player ready...
U.S. existing home sales have reached their lowest levels in nearly 30 years, despite a surge of millennials entering their prime home-buying years, and activity likely won't recover until interest rates start coming down.
Already have an account? Log In
This article is only available to subscribers
Flash Sale

Standard Digital

$1 for 1 year
Offer valid for non-subscribers only

More in Real Estate