U.S. existing home sales fall for second straight month

Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago. That was the 14th straight year-on-year decrease in home sales. According to the NAR, there was a 10% drop from a year earlier in sales of houses priced 0,000 and below. The Realtors group said there was strong demand in this market segment, but.

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10 days ago · Southern California homebuyers balk as sales drop for 10th straight month The region’s median selling price has stagnated with the buying lull: $530,000 for May, up just 0.2% in 12 months.

March was a good month for sales of new homes but not such a good month for sales of existing homes. New home sales. strong spring real estate season.

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Existing-home sales fell for the fourth straight month in July to their lowest level in over two years, the National Association of Realtors reported.

U.S. existing home sales fall for second straight month 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. Business One News Page: Tuesday, 21 May 2019

U.S. purchases of new. purchases of previously owned homes, which are calculated when contracts close and are reported by the National Association of realtors. existing home sales fell in June for.

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Existing-home sales fall for third straight month. Resales of U.S. homes and condominiums fell 0.6% in February to a seasonally adjusted annual rate of 5.02 million, the lowest level in eight.

After rising for 85 consecutive months, home values nationwide dropped for the second straight month. The median monthly.

April 2019 Housing Affordability Index The National Association of REALTORS latest economic outlook for the housing market is built upon its Housing Affordability Index. This april 2019 index assumes a 20% down payment and a 25% qualifying rate for a mortgage. NAR’s April 2019 Housing Affordability Index indicated a national affordability rate of 152.3.

The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

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Sales rose 1.1 per cent to a seasonally adjusted annual rate of 5.60 million units last month. Sales rose 1.1 per cent to a seasonally adjusted annual rate of 5.60 million units last month. Economy U.S. existing home sales rise; inventory remains tight. Member Benefits Subscribe Register Log in My account My account AdChoices. Search. Search.