U.S. Existing-Home Sales Fell in April–Update

U.S. Existing-home sales fell 2.5 % in April Real Estate In-Depth | June 2018 WASHINGTON- After moving upward for two straight months, existing-home sales retreated in April on both a monthly and annualized basis, according to the National Association of Realtors.

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.

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WASHINGTON — 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 in years. Existing-home sales fell 2.5% in April from the prior month to a seasonally.

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Existing home sales, which make up about 90 percent of U.S. home sales, dropped 4.4% from a year ago. That was the 14th straight year-on-year decrease in home sales. Demand is being fueled by.

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U.S. Existing Home Sales Fall 8% (And Yes, It Might Matters To You) October 24, 2007 Sales of previously owned U.S. homes fell 8% in September (19% year-over-year) and the median price paid fell 4.2% compared to September 2006.

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WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell from near an. A report on Tuesday showed existing home sales fell for a second straight month in April, weighed down by a chronic.

WASHINGTON (Reuters) – U.S. home sales fell more than expected in March, pointing to continued weakness in the housing market despite declining mortgage rates and slowing house price gains.

Existing-home sales fell 2.5% in April from the prior month to a seasonally adjusted annual rate of 5.46 million, the National Association of Realtors said Thursday.

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U.S. sales of previously owned homes rose 3.4 percent in April, reversing three months of declines and suggesting stability in the housing market, the National Association of Realtors said Tuesday.