U.S. existing home sales unexpectedly fall in April – Reuters – UKA News

March’s sales pace was unrevised at 5.21 million units. 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% from a year ago. That was the 14th straight year-on-year decrease in home sales.

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.

WASHINGTON (Reuters) – U.S. home sales unexpectedly fell in January. mortgage costs affecting how much the buyer can afford and this could put a damper on existing home sales and take some of the.

U.S. Pending home sales fall Unexpectedly in April; The NAR’s pending home sales index dropped to a reading of 104.3, down 1.5% from the prior month. Economists polled by Reuters had forecast pending home sales would rise 0.9% last month.

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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 existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.

NEW YORK (Reuters) – Interest rates on U.S. 30-year. retreating in April. Existing home sales, on the other hand, fell for a second consecutive home in April due primarily to a shortage of.

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WASHINGTON (Reuters) – Contracts to buy previously owned homes unexpectedly fell in April, the National Association of Realtors said on Thursday. The NAR’s pending home sales index dropped to a.

U.S. home sales fell for a second straight month in April amid weakness in the lower-priced segment of the market, which is suffering from an acute shortage of properties. Read More

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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 existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.