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(Bloomberg) — Sales of previously owned U.S. homes unexpectedly fell in May for a second month as a lack of inventory and elevated asking prices weighed on demand, National Association of Realtors.
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Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago, the 14th straight annual decrease. According to the NAR, there was a 10% drop from a year earlier in.
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The existing-home sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.
U.S. Pending Home Sales Fall Unexpectedly in April. More.. Contracts to buy previously owned homes unexpectedly fell in April, the National Association of Realtors said on Thursday.
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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 U.S. previously owned homes unexpectedly. in a Bloomberg News survey. Estimates ranged from 5.2 million to 6.5 million. The group revised April’s sales rate up to 5.79 million from the.
WASHINGTON (Reuters) – 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.
U.S. existing home sales unexpectedly fall in April Video Credit: Rumble – Duration: 00:39s – Published on May 21, 2019 < > Embed 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.
Last month, existing home sales fell in the Northeast and South. They were unchanged in the Midwest and rose in the West. There were 1.83 million previously owned homes on the market in April, up from 1.67 million in March and 1.8 million a year ago.
WASHINGTON, June 20 (Reuters) – U.S. home sales unexpectedly. that existing home sales slipped 0.4 percent to a seasonally adjusted annual rate of 5.43 million units last month. It was the second.