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Existing-home sales fall to three-year low, miss estimates

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Homebuilders are sinking – and blame that on disappointing economic data and earnings reports that trailed estimates.. Homebuilders fall to 10-month low on sales data, earnings miss. That added to pessimism that appeared Tuesday when data showed existing-home sales dropped for the.

U.S. Home Resales Fall to Three-Year Low, Missing Estimates Sho Chandra Jan 22 2019, 3:00 PM Jan 23 2019, 2:09 PM January 22 2019, 3:00 PM January 23 2019, 2:09 PM

Existing-Home Sales Fall to 3-Year Low. falling short of estimates and indicating the housing market remained in a slowdown as the year ended.. Don’t miss crucial news and insights you.

Existing home sales fall 5% in January – miss analyst estimates. Not seasonally adjusted monthly number plunged 32%. Growing household debt levels will further impair buyer demand. The housing.

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Existing-home sales in the West grew 1.8% to an annual rate of 1.11 million in April, 5.9% below a year ago. The median price in the West was $395,100, up 1.3% from April 2018.

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The Realtors’ index was down 5.3 percent from November 2007, and now sits at the lowest since in its eight-year history – beating the previous record low of 83 in. Realtors group now estimates that.

Housing Starts Miss Forecast.. Economists had forecast existing home sales would fall by 3.8 percent to a rate of 5.30 million units last month.. U.S. existing home sales top Estimates as.

Existing Home Sales Miss Estimates The existing home sales report doesn’t matter to GDP, but it is important because most homes sold are in this category. As you can see from the chart below, sales of 5.19 million in April fell slightly from 5.21 million which missed the low end of the expected range which was 5.25 million.

From Jill Mislinski: This morning’s release of the january existing-home sales decreased from the previous month to a seasonally adjusted annual rate of 5.38 million units. The Investing.com.