Existing-home sales decline for fifth time in six months

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Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors. Three of four major U.S. regions saw gains in sales activity last month.

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The numbers: Existing-home sales ran at a seasonally adjusted annual rate of 4.99 million in December, the National Association of Realtors said Tuesday. That was the lowest since November 2015. Sales.

Looking forward, we estimate Existing Home Sales in the United States to stand at 4900.00 in 12 months time. In the long-term, the united states existing home Sales is projected to trend around 4700.00 Thousand in 2020, according to our econometric models.

Housing Market Review (December, 2018) – Prices Are Still Too High – By the time of the September Housing Market Review, ITB was precariously holding onto its trading range.. This decrease is the fourth in the last six months. For the second month in a row, existing home sales decreased across all. In particular, the West suffered a fifth consecutive substantial drop.

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U.S. Existing-Home Sales Decline for Fifth Time in Six months reade pickert , Bloomberg News A prospective home buyer looks out the master bedroom window at a house for sale in Dunlap, Illinois.

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Existing-home sales dropped 0.7% in July, extending 4-month decline – Existing-home sales dropped 0.7 percent to a seasonally adjusted 5.34 million in July. marking the fifth consecutive month of year-over-year declines.. has put the most pressure on would-be first-time buyers in recent months, to 1.92 million existing-homes for sale, which is unchanged from a year ago.

(Bloomberg) — Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties. Contract closings fell 0.4% from the prior month to a 5.

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Sales of previously owned homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties. Contract closings fell 0.4% from the prior month to a 5.19 million annual rate, below all economist estimates, according to data Tuesday from [.]

Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors. Two of the four major U.S. regions saw a slight dip in sales, while the West saw growth and the Midwest essentially bore no changes last month..