The WPJ

Pittsburgh

Almost 55 Million People to Travel This Thanksgiving Holiday in America

Based on new AAA predictions, 54.6 million people will travel 50 miles or more from home this Thanksgiving holiday in America. That's a 1.5% increase over 2021 and 98% of pre-pandemic volumes. This year is projected to be the third busiest for Thanksgiving travel since AAA started tracking in 2000.

Pending Home Sales in U.S. Post Historic Drop in October

According to national property broker Redfin, pending U.S. home sales fell the most on record in October 2022, while deal cancellations and price cuts hit record highs.

U.S. Home Sales Decline for 9 Consecutive Months in October

According to the National Association of Realtors, existing-home sales retreated for the ninth straight month in October 2022. All four major U.S. regions registered month-over-month and year-over-year declines.

Home Prices Rose in 98 Percent of all U.S. Metros in Q3

An overwhelming majority of U.S. metro markets saw home price gains in the third quarter of 2022 despite mortgage rates that approached 7% and declining sales.

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