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U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter. The unexpected drop in sales reported by the National
Existing home sales, which make up about 90 percent of U.S. home sales, dropped 3.0 percent on a year-on-year basis in May. They have declined on a year-over-year basis for three straight months.
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WASHINGTON (Reuters) – U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time.
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It was second straight monthly increase in existing home sales, which account for about 90 percent of U.S. home sales. Existing home sales fell 1.2 percent on a year-on-year basis in March. Last.
WASHINGTON (Reuters) – U.S. home sales fell for a fourth straight month in July as a shortage of properties on the market pushed up house prices, likely sidelining some potential buyers.
Sales of previously-owned US homes unexpectedly fell in August for the second month in a row as rising prices and tight inventories held buyers back. Existing home sales fell by 0.9 per cent in.
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Existing-home sales fall for third straight month. ‘Second surge’ needed or U.S. could be vulnerable to double dip: economist. Inventories thus represented an 8.2-month supply at the current.
U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from.
Year-on-year, existing home sales rebounded 0.6 percent, the first annual gain in 17 months. Existing Home Sales in the United States averaged 3963 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. Existing home sales occurs when the mortgage is closed.