Existing-home sales ease more than forecast to 5.2 million

Economists surveyed by Bloomberg had projected a 5.3 million sales pace in March. February’s reading was revised to 5.48 million from 5.51 million. home purchases fell in all four regions, led by a 7.9% drop in the Midwest.

Estimated empirical gamma distribution of all 2017 Oahu existing home sales prices: 4 out of 5 transactions were below $1 million Source: Honolulu Board of REALTORS® (2017), empirical gamma distribution estimated by TZ economics oahu island-wide Metro Region.0000.0002.0004.0006.0008.0010 Frequency 0.5 1.0 1.5 2.0 $2.5 million 50% 32% 18%

Pending sales climbed 2.6 percent in the South. Last week, the Realtors’ group said sales of previously owned homes jumped in July to the second-highest level in more than. existing-home sales to.

Existing home sales misses estimates Purchases plummeted to a 3.83 million annual pace, the lowest in a decade of record keeping and worse than the most pessimistic forecast of economists surveyed by Bloomberg News. The pace of.

CoreLogic launches intelligent multisource property data aggregator We Are CoreLogic – Come shape the future of housing with us and thrive. corelogic (nyse: CLGX) is a leading global property information, big data and technology solutions provider that helps people find, acquire and protect their homes.Housing starts fell most in eight months in February U.S. new-home groundbreakings fell in February by the most in eight months on a drop in single-family homes, suggesting buyers and builders remain wary despite higher wages and a drop in mortgage rates.

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.

After becoming the first major economy to legalize recreational cannabis on Oct. 17, Canadian sales are expected to grow at a compound annual rate of 44 percent to $5.2 billion in 2024 from $569.

Existing home sales slipped 0.6 percent to a seasonally adjusted annual rate of 5.38 million units last month, the NAR said. May’s sales pace was revised down to 5.41 million units from the previously reported 5.43 million units. Economists polled by Reuters had forecast existing home sales gaining 0.5 percent in June.

House prices are forecast to rise at more than double the rate of inflation this year, by 5.2 percent, followed by. In the meantime, existing home sales are forecast to run at a 5.55 million.

It will be another month or two before we know the final existing home sales tally for 2018, but the current annualized run rate for sales is 5.38 million. With higher mortgage rates expected at some point in the coming year and prices still firming a bit, we think it will be hard for sales to improve much for the year as a whole.

Former exec from HUD’s Ginnie Mae program joins Ainsworth Advisors investigations and negotiations by and with state attorneys general (“AGs”), the U.S. Department of Housing and Urban Development (“HUD”), the U.S. Department of Justice (“DOJ”), the Office of the.