Home Sales on Track for Worst Year Since 1995: September Sees Sharp Decline
- Miguel Virgen, PhD Student in Business
- Nov 11, 2024
- 3 min read
Updated: Mar 12
U.S. home sales are on track to record their worst performance in nearly three decades, with September 2024 marking a significant downturn in the housing market. The latest data shows that home sales fell by 3.5% compared to September 2023, continuing a troubling trend that has seen the housing market reach its lowest point in 30 years. This marks a stark contrast to the rapid post-pandemic recovery in the housing market, and experts are warning that the full-year results could be the worst since 1995.
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