January homes sales tank more than 8%, as Realtors say potential buyers are 'struggling'

Market Intelligence Analysis

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Why This Matters

January home sales declined by more than 8%, primarily due to struggling potential buyers amidst stagnant mortgage rates and decreased consumer confidence.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Home sales in January fell more than expected as mortgage rates didn't move much and consumer confidence dropped.

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Original article published by CNBC on February 12, 2026.
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