U.S. existing home sales unexpectedly fall in April – Reuters – UKA News

Stocks got an early lift from a dip in jobless claims and strong pending U.S. home sales data, a day after the S&P 500 posted its biggest fall in eight weeks. pending sales of existing U.S. homes.

WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April amid weakness in the lower-priced segment of the market, which is suffering from an acute shortage of properties.

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Investing.com – Sales of previously-owned U.S. homes unexpectedly fell in May, according to figures released by the National Association of Realtors on Wednesday. Existing home sales fell 0.4% in May from the previous month to an annualized pace of 5.43 million units. Economists had forecast a 1.5%

Pending home sales, or signed contracts for homes where transactions have not yet closed, declined 1.3 per cent in April from the previous month, the National Association of Realtors said on Thursday.

April pending dwelling gross sales fall unexpectedly May 30, 2019 Financial News US Economy 0 Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared with March, according to the National Association of Realtors’ Pending Home Sales Index.

Economists polled by Reuters had forecast existing home sales rising 2.7% to a rate of 5.35 million units in April. Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago. TOKYO, June 23 (Reuters. the 38.2 percent retracement of the fall from its April high of 11,408.17 to its June low of 9,378.23.

May single family home sales drop 7.8%, missing expectations U.S. home resales unexpectedly increased in September as the effects of Hurricanes Harvey and Irma began to dissipate, but a persistent dearth of properties for sale continued to weigh on overall.

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U.S. existing home sales unexpectedly rebound in September. Sales were down 1.5 percent from September 2016, the first year-over-year decline since july 2016. harvey, which hit Texas in the last week of August, and Irma, which battered Florida in early September, had already affected sales for August. Texas and Florida make up more than 18 percent of the nation’s existing home sales.

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