Existing-home sales decline for fifth time in six months

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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.

First-time home buyers accounted for 32 percent of existing home. month, but supply was down 5.8 percent from a year ago. At July’s sales pace, it would take 4.7 months to clear the stock of houses.

After six consecutive months of declines, existing-home sales recorded an upswing. a reversal from last month’s steep decline or plateau in all regions – helped overall sales activity rise for the.

WASHINGTON (MarketWatch) — Resales of U.S. homes dropped 2.7% in August to a seasonally adjusted annual rate of 5.1 million, the first decline in five months. six times in the group’s press.

Home sales suffered their biggest drop in 25 years. WASHINGTON (AP) – Sales of existing homes fell for the sixth straight month in January. the biggest decline in 25 years, and are down 20 percent.

(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.

 · 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.

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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.

New-home sales decline in January to three-month low After two months of declines, US existing-home sales increase in February. by Claire brennan march 22, 2018. After two consecutive months of decline, existing-home sales around the country rebounded by 3 percent from January, according to the National Association of Realtors. Existing-home sales grew from 5.38 million in January to 5.54 million in February and are currently up 1.1 percent from.Mortgage growth in Canada hasn’t been this weak since 2001 The expansion of our wealth is only possible so long as the oil supply continues to expand, says oil expert Dr. Colin Campbell. The financial and investment community is beginning to accept the reality of Peak Oil, which ends the First Half of the Age of Oil, during which banks created capital by lending more than they had on deposit, being confident that tomorrow’s expansion, fueled by cheap.

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.Two of the four major U.S. regions saw a slight dip in sales, while the West saw growth and the Midwest essentially bore no changes last month.

Existing-home prices. available for sale, which represents a 6.6-month supply at the current sales pace, up from a 6.4-month supply in May. Listed inventory is 24.4 percent below a year ago when.