FHA Loan Articles

Existing-home sales decline for fifth time in six months

October existing-home sales increased last month, after six straight months of decreases, the National Association of REALTORS reported Wednesday. Three of four major regions saw gains in sales.

US Existing Home Sales Miss Estimates; down fifth time in six months WASHINGTON (May 21, 2019) – Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors.

By Reade Pickert May 21, 2019 (Bloomberg) — Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties.

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(Bloomberg) — Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties. contract closings fell 0.4% from the prior month to a 5.

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Existing-Home Sales Increase for Second Consecutive Month Existing-home sales decline for fifth time in six months. – Existing-home sales decline for fifth time in six months 2 weeks ago admin Sales of previously owned homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties.

Canada: Retail sales declined for the fifth time in six months – NBF. According to National Bank of Canada analyst, Jocelyn Paquet, the decline in sales appears generalized.

Sales of previously owned homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties. Contract closings fell 0.4% from the prior month to a 5.19 million annual rate, below all economist estimates, according to data Tuesday from [.]

A home is offered for sale in South Barrington, Illinois. The numbers: Existing-home sales ran at a seasonally adjusted annual 5.19 million rate in April, the National Association of Realtors said.

The pace of existing home sales slowed for. It was also a drop of 1.6 percent from July 2015’s rate of 5.48 million. This was only the second time in 21 months that existing sales have seen a.

Foreclosure activity is at the lowest level in over a decade Foreclosure starts down nationwide, up in 36 percent of local markets. lenders started the foreclosure process on 91,849 U.S. properties in Q3 2018, down 6 percent from the previous quarter and down 3 percent from a year ago – the 13 th consecutive quarter with a year-over-year decrease in foreclosure starts.

U.S. New Home Sales Rise in December as Property Prices Decline – In addition, the housing market is likely getting support from a decline in mortgage rates, as well as a strong job market. Also, wage gains are outpacing home-price increases by some measures for the.