U.S. existing home sales unexpectedly fall in April

The months’ worth of supply went up to 4.3 from 4.2 in April. Year-on-year, existing home sales dropped 1.1 percent. Existing Home Sales in the United States averaged 3958.46 Thousand from 1968 until 2019, reaching an all time high of 7250 Thousand in September of 2005 and a record low of 1370 Thousand in March of 1970.

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.

Canada posts unexpected trade surplus on record exports to U.S. Apr 22, 2019. Contract closings fell to a 5.21 million annual rate, down 4.9 per cent from. existing-home sales account for about 90 per cent of U.S. housing and are.

WASHINGTON (Reuters) – Sales of previously owned U.S. homes unexpectedly fell. rose in April, and economists said they expected a pick-up in June. Pending sales are measured at contract signing.

Sales of previously owned U.S. homes in March unexpectedly fell for the third time in the last. 10:36 a.m. in New York. Last Year Existing-home sales, tabulated when a contract closes, climbed to 4.

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Existing home sales unexpectedly fall May 21, 2019 10:01 AM ET | By: Gaurav Batavia , SA News Editor April Existing Home Sales : -0.4% to 5.190M vs. 5.350M consensus and 5.210M prior (unrevised).

Toll Brothers Announces Expansion into Atlanta, Georgia Market with Acquisition of Sharp Residential Toll Brothers Inc. announced its expansion into the Atlanta, Ga., market through the acquisition of Sharp Residential, one of the largest private home building companies in Atlanta.The purchase price was paid in cash but was not disclosed. Sharp Residential was founded in 1991 by Tom Sharp and has delivered over 5,000 homes in the Atlanta market since inception.

Sales of existing homes – single-family houses, townhouses, condos, That is an ongoing factor in the US economy, and not a thing that suddenly. And in April, the seasonally adjusted annual rate (SAAR) of sales of 5.19.

(RTTNews) – Existing home sales in the U.S. unexpectedly showed a modest decrease in the month of April, according to a report released by the National Association of Realtors on Tuesday. NAR said.

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.

Though economic reports continue to be somewhat mixed, the outlook is for continued economic growth as we approach the record for longest U.S. economic expansion. By Robert Hughes Sales of existing.