Mortgage News

Tuesday: Existing Home Sales

The third straight monthly increase reported by the Commerce Department on Tuesday suggested some recovery was under. this spring and foreshadows a potential strengthening of existing home sales in.

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The U.S. Census Bureau is scheduled to report May 2019 new home sales on Tuesday, June 25. The post Forecasts for Existing and New home sales (May 2019) appeared first on Zillow Research..

Sales of new single -family houses fell 6.9% in April as prices rose.. was till 7% above the total a year ago, the Commerce Department said Thursday.. Existing home sales also have been sluggish, dipping 0.4% last month.

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Existing-home sales fell 0.4% in April from the previous month to a seasonally adjusted annual rate of 5.19 million, the National Association of Realtors said Tuesday. Compared with a year earlier,

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As prices start to decrease, expect the short-term rate to decline in the 2017-2018 period which will slow and put an end any downward turn in real estate sales volume and the economy. first tuesday forecasts home sales volume will return to 2006 levels around 2020-2021. The peak sales volume last seen in 2004, inflated by speculator.

WASHINGTON (AP) – U.S. home sales cratered in December, causing price growth to slip to the lowest level in more than six years as the housing sector ended 2018 on a decidedly weak note. The National Association of Realtors said Tuesday that sales of existing homes plunged 6.4 percent to a seasonally adjusted annual rate of 4.99 million last month, the worst pace in almost three years.

On Tuesday, April’s existing home sales report was released. Sales were expected to rise by 2.7 percent, in part to offset the 4.9 percent decline in March. But actual sales fell by 0.4 percent in April. This marks the 14th straight month of year-over-year declines in existing home sales, which signals a slowdown in the broader housing market.

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The National Association of Realtors said Tuesday that sales of existing homes plunged 6.4 percent to a seasonally adjusted annual rate of.

Contract closings decreased 6.4 percent from the prior month to an annual rate of 4.99 million in December, the National Association of Realtors said Tuesday. supply as a sign of a tight market..