The National Association of Realtors (NAR) said existing home sales declined slightly by 0.4% in April, missing the forecast for a sharp rise.
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· WASHINGTON Sales of existing U.S. homes dropped unexpectedly in April, the National Association of Realtors reported this week, slipping 0.4% to a seasonally adjusted annual rate of 5.19 million units. In a Reuters poll, economists had projected a 2.7%.
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Sales and closing prices of existing U.S. homes grew in April and listed inventory fell, indicating a strengthening recovery, according to data released today. Home sales up 34 percent from.
Sales of previously owned U.S. homes unexpectedly fell in May for a second month as a. costs a quarter point and boosted their outlook for two more increases in 2018. Existing-home sales account.
· Existing-home sales account for about 90% of the residential real estate market and are calculated when a contract closes. New-home sales figures, due Monday from the government, are projected to increase slightly. These numbers are tabulated when contracts get signed, making them a timelier indicator despite their smaller market share.
A gauge of contracts to purchase previously-owned U.S. homes unexpectedly declined. The lack of adequate, affordable properties for sale also weighed last month on existing-home sales, which.
WASHINGTON, March 21 (Reuters) – Sales of previously owned U.S. homes fell unexpectedly sharply in February and prices. Economists polled by Reuters had expected February sales to fall 4.0 percent.
· WASHINGTON, April 22 (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.
Sales of previously owned U.S. homes unexpectedly dropped for a fourth month to the weakest in more than two years, signaling higher prices and tight supplies continue to squeeze demand, a National.