Shortage of cheaper houses stifles U.S. home sales

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 slowing after a temporary boost from exports.

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 sales of houses priced 0,000 and below.

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.

Shortage of cheaper houses stifles US homes sales washington: US 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 slowing after a temporary boost from exports and an inventory overhang in the first quarter.

Shortage of cheaper houses stifles U.S. homes sales Posted on April 4, 2019 June 6, 2019 by admin WASHINGTON (Reuters) – U.S. home sales dropped in April for a second straight month, weighed down by a chronic shortage of more affordable homes, the recent sign that the economy slowed after a temporary export boost and a first quarter stock.

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 slowing after a temporary boost from.

FILE PHOTO: A home for sale is seen in Santa Monica, California, U.S., March 21, 2017. reuters/lucy nicholson paris (reuters) – Shareholders of French bank Societe Generale voted to give Chief.

5 days ago. U.S. home sales slumped in June, ending the prime spring selling. a shortage of housing, especially at prices affordable to first-time buyers.

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Shortage of cheaper houses stifles U.S. homes sales Reuters – 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 slowing after a temporary boost from exports and an inventory overhang in the first quarter.

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