It's the lowest level in more than a year
The rate dropped to its lowest level since early February
The U.S. housing market has been mired in a slump dating back to 2022
Existing home sales rose 0.8% in November to seasonally adjusted annual rate of 3.82 million
Fourth straight weekly drop for the rate, which a year ago averaged 6.58%
The shortage of homes for sale has kept the market competitive
Analyst forecasts softer trajectory for the company in 2023
Traders are bracing for the Federal Reserve to raise interest rates even higher than expected
With the S&P 500 now in a bear market, clients may have questions. Here's how to answer them
The online brokerage is allowing users to buy one third of the company’s shares before Robinhood begins trading on the Nasdaq