U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties. The National Association of Realtors said on Tuesday existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.
U.S. existing home sales unexpectedly fall in August 2 Min Read WASHINGTON (Reuters) – U.S. home resales unexpectedly fell in August, crimped by a shortage of inventory that is boosting home.
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Sales of previously owned U.S. homes declined in April, as inventory shortages and rising prices weigh on the market and higher mortgage rates begin to pose a threat to demand for the first time.
WASHINGTON (Reuters) – Sales of previously owned U.S. homes fell unexpectedly. fall 4.0 percent to a 5.15 million-unit pace from the previously reported 5.36 million unit rate in January, which was.
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· Existing Home Sales Tumble, Tarnishing Housing Recovery In 2013, the median lot size of a new sold single-family house was 8,596 square feet, or just under 0.2 acres.
Corrects single-family home sales fall to 9.6 percent from 10.0 percent in penultimate paragraph WASHINGTON (Reuters) – Sales of previously owned U.S. homes fell unexpectedly sharply. the lowest.
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U.S. home resales unexpectedly fell in July to their lowest monthly level of the year due to a lack of properties for sale, which also continued to push up prices. US existing home sales.
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%.
“I wouldn’t want to bet the house on housing, really, in terms of the strength of the U.S. home sales are likely to fall over the winter as buyers hibernate for a few months. Analysts say the new.
Economists polled by Reuters had forecast home sales rising 0.9 percent to a rate of 5.60 million units in January. Existing home sales, which account for about 90 percent of U.S. home sales, declined 4.8 percent on a year-on-year basis in January. That was the biggest year-on-year drop since August 2014.