Existing-home sales fall to three-year low, miss estimates

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U.S. Existing Home Sales Fall to Three-Year Low, Miss Estimates Shobhana Chandra , Bloomberg News (Bloomberg) — Sales of previously owned U.S. homes fell to the slowest pace in more than three years, falling short of estimates and indicating that the housing market remained in a slowdown as the year ended.

Blame that on disappointing economic data and earnings reports that trailed estimates. The S&P Homebuilding Select. That added to pessimism that appeared Tuesday when data showed existing home.

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US Existing Home Sales Miss Estimates; down fifth time in six months. we are seeing historically low mortgage rates combined with a pent-up demand to buy, so buyers will look to take advantage.

Near-record low mortgage rates and reduced credit barriers are not stimulating sa. Existing Home Sales Miss Street Estimates – Underlying Data Still Bearish. evaluated over a three-year.

Low Cost Housing Existing-home sales fall to 5-year low – MarketWatch – Existing-home sales fall to 5-year low. A key gauge measuring home builders’ confidence fell to a 16-year low in July, and building permits for single-family homes fell further in June.

Existing-home sales decline for fifth time in six months Rise in hurricane recovery times could strain mortgage servicers 10 years after resurrection, bankunited eyes atlanta, servicing exit. root-May 17, 2019. 0. real estate. metro Orlando home sales fall again as supply remains small. root-May 16, 2019. 0. Real Estate. Rise in hurricane recovery times could strain mortgage servicers. SunTrust to relocate.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.

Pending Home Sales for June 2019 will be released on Tuesday, July 30, 2019 at 10:00 a.m. Eastern. The NAR Public Affairs Office issues a news release on or near the 25th of each month with the latest existing-home sales figures.

Sales of previously owned U.S. homes fell to the weakest pace in more than three years, falling short of estimates and indicating the housing. months of supply as a sign of a tight market. Existing.

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Existing-home sales slide to a 3-year low as housing market stumbles. scared from the market during the period of rising rates in the fall could see it as an opportunity to jump back in. US Existing Home Sales Miss Estimates; down fifth time in six months.

U.S. Existing Home Sales Fall to Three-Year Low, Miss Estimates An "Open House" sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Photographer: Ty Wright/Bloomberg