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Business & Economics

U.S. home sales see growth in 2024 but still held back by high rates

calgaryherald
Summary
Nutrition label

67% Informative

TD Economics released a report on U.S. housing data for 2024 , finding sales increased more than nine per cent year over year.

Inventory was up more than 16 per cent from 2023 and demand was substantial enough to push up the average price of a home six per cent .

The report predicted sales are likely to slow early in 2025 .

VR Score

83

Informative language

93

Neutral language

26

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources