Existing-home sales decline for fifth time in six months

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“A significant breakout in existing home sales. to a 1.6 percent annualized rate. The economy grew at a 3.2 percent pace in the first quarter. Spending on homebuilding contracted in the first.

October existing-home sales increased last month, after six straight months of decreases, the National Association of REALTORS reported Wednesday. Three of four major regions saw gains in sales.

Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors®. Three of four major U.S. regions saw gains in sales activity.

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The NAR data shows that the Pending Home Sales Index declined to 106.3 in August, down 2.6% from July and the year-ago period. This is the fifth time in six months that pending home sales have.

Sales dropped 1.6 percent to. s housing boom. Existing-home purchases eased to a 4.59 million annual rate last month from a 4.63 million pace in January, the National Association of Realtors.

United States Existing Home Sales 1968-2018 | Data | Chart | Calendar. It compares with market expectations of a 0.6 percent rise to 5.4 million. It is the fourth straight fall and the lowest rate since February of 2016. The median house price fell to $269,600 from $273,800 in June and the months’ worth of supply was flat at 4.3.

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U.S. Existing-Home Sales Decline for Fifth Time in Six months reade pickert , Bloomberg News A prospective home buyer looks out the master bedroom window at a house for sale in Dunlap, Illinois.

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Sales of existing homes rose in October after six months of decline (AFP Photo/SCOTT OLSON) More Washington (AFP) – Long-suffering sales of existing US homes rose in October for the first time since March but a low trend persisted, according to an industry survey released Wednesday.

On a year-over-year measurement, sales were up 0.6 percent. First-time. month that inventory fell year-over-year for 16 straight months. “inventory has been extremely tight all year and is unlikely.

WASHINGTON, Nov. 21, 2018 /PRNewswire/ — Existing-home sales increased in October after six straight months of decreases, according to the National. Existing-Home Sales Increase for the First.

Spring housing market begins in the U.S. Existing-home sales in the West saw a 2.8 percent increase, putting them at an annual rate of 1.11 million in October, 11.2 percent below a year ago. The median price in the West was $382,900, up 1.9 percent from October 2017. The post Existing-Home Sales Rise for the First Time in Six Months appeared first on Mid America Mortgage, Inc..