U.S. existing home sales fall for second straight month

By Lucia Mutikani. WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was.

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Sales of previously owned homes fell for the second consecutive month. Nationally, the median existing-home price was $199,500 in October, up 12.8% year-over-year. That’s the 11th straight month of.

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.

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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.

The months’ worth of supply went up to 4.3 from 4.2 in April. Year-on-year, existing home sales dropped 1.1 percent. existing home sales in the United States averaged 3958.46 Thousand from 1968 until 2019, reaching an all time high of 7250 Thousand in September of 2005 and a record low of 1370 Thousand in March of 1970.

U.S. housing starts fall for second straight month. WASHINGTON U.S. homebuilding fell for a second straight month in August as a rebound in the. July’s sales pace was revised up to 1.19.

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Existing. Sales of previously owned single-family houses, town homes, condominiums and co-ops fell 3.2% from September to a seasonally adjusted annual rate of 5.12 million, the National Assn. of.

WASHINGTON (Reuters) – U.S. home sales fell for a fourth straight month in July as a shortage of properties on the market pushed up house prices, likely sidelining some potential buyers.

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U.S. Existing Home Sales Fall for Second Straight Month. – U.S. home sales unexpectedly fell in May as an acute shortage of properties on the market pushed house prices to a record high. The National Association of Realtors said on Wednesday that existing home sales slipped 0.4 percent to a seasonally adjusted annual rate of 5.43 million.