U.S. retail sales fell for the second straight month in March, marking the worst two-month stretch for the consumer-spending gauge in more than two years.
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 buyers out of the market.
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U.S. home resales unexpectedly fell in August, crimped by a shortage of inventory that is boosting home prices faster than the pace of wage growth. Existing Home Sales Fall for Second Straight.
Shortage of cheaper houses stifles U.S. homes sales. By lucia mutikani. washington, May 21 (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage.
Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4 per cent from a year ago, the 14th straight annual decrease. According to the NAR, there was a 10 per cent drop from a.
Americans reduced home buying for the second straight month in August, suggesting the housing market might be stumbling due to a run-up in prices, an inventory shortage and persistent doubts about.
How the US yield curve compares to just before the financial crisis Every postwar recession in the US was preceded by an inversion of the yield curve, meaning that long-term interest rates had fallen below short-term interest rates, some 12 to 18 months before the outset of the economic downturn.
Existing home sales make up about 90 percent of U.S. home sales. There were 1.88 million homes on the market in September, an increase of 1.1 percent from a year ago.
Existing home sales, which account for about 90 percent of U.S. home sales, declined 4.8 percent on a year-on-year basis in January. That was the biggest year-on-year drop since August 2014.
U.S. existing home sales fall for third straight month. california thomson reuters U.S. home sales fell for a third straight month in June as a persistent shortage of properties on the market.
“The thing that’s the trouble is that there is not much appetite to create new mobile home park zoning,” he said. Across.
WASHINGTON – 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.
A home is offered for sale in South Barrington, Illinois. The numbers: Existing-home sales ran at a seasonally adjusted annual 5.19 million rate in April, the National Association of Realtors said.
Young homebuyers scramble as prices rise faster than incomes SALT LAKE CITY (AP) – For millennials looking to buy their first home, the hunt feels like a race against the clock.In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have climbed faster than incomes, according to an Associated Press analysis of real estate industry data provided by CoreLogic.That gap is driving some first-timers out.