US home sales fell 0.4% in April amid limited supply

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WASHINGTON – U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors said Tuesday that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March.

Limited land availability is pushing up prices, as the median sales price of a new home rose 0.4% year over year to $ 312,400 last month. Again, higher mortgage rates could also be the reason for.

U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors says that existing homes.

U.S. home sales fell 0.4% in April amid limited supply. home sales have struggled despite the solid job market and lower mortgage rates, conditions that are usually favorable for buyers.

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WASHINGTON (AP) – U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors said Tuesday that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March.

US home sales fell 0.4% in April amid limited supply May 21, 2019 at 7:01 am Updated May 22, 2019 at 4:18 am FILE- In this Jan. 4, 2019, file photo a sign hangs outside a house for sale in.

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WASHINGTON – U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors said Tuesday that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March.

WASHINGTON (AP) – The number of U.S. home sales slipped by 0.4% in April, as would-be homebuyers had trouble with affording new places to live and dealt with a small supply of starter houses. The National Association of Realtors said Tuesday that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March.

 · Almost 4% of Chinese output is exported to the U.S. and any hit to its manufacturers would reverberate through regional supply chains with Taiwan and South Korea among those at risk. U.S. shipments to China are more limited, though 5.1% of its agricultural production heads there as does 3.3% of its manufactured goods.