Existing-home sales decline for fifth time in six months

october existing-home sales increased last month, after six straight months of decreases, the National Association of REALTORS reported Wednesday. Three of four major regions saw gains in sales.

After six consecutive months of decline, buyers are finally stepping back into the housing market.. october existing home Sales Rise for First Time in 6 Months. I’m interested in the Newsletter.

The supply of homes at the current sales rate climbed to 6.6 months from 6.3 months in December. The number of new homes for sale at the end of the month eased to 336,000, indicating a slight tightening of supply.. existing-home sales decline for fifth time in six months. May 21 Mortgage.

DATA FOR SEPTEMBER 2017 – Published October 13, 2017. – Svenja Gudell of Zillow, “New home sales ended the summer on a very weak note, and it’s time we stopped sugarcoating the truth with this data.” Lawrence Yun of Nar, “Pending home sales sank in August for the fifth time in six months.” Dr. Frank Nothaft, chief economist for CoreLogic, “While growth in home sales has stalled due to a lack

First-time buyers made up 32% of sales, down from 33% the prior month. existing-home sales account for about 90% of U.S. housing and are calculated when a contract closes. New-home sales, which will be reported Thursday, account for the remainder and are counted when contracts are signed. Bloomberg News

Houston hotel market, worst in U.S., faces pain from Harvey Houston’s land market is dominated by retail, industrial and single-family development, as the office and multifamily sectors were over-supplied prior to Harvey. Northwest Houston will remain the desired industrial land choice, and vacant commercial sites in the Port Houston area will be even harder to find.

WASHINGTON (May 21, 2019) – 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.

 · At April’s sales pace, it would take 4.2 months to exhaust the current inventory, up from 3.8 months in March. A six-to-seven-month supply is viewed as a.

People on the move: Dec. 15

U.S. Existing-Home Sales Post Fifth Decline in Six Months. Bloomberg – Reade Pickert. 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.

Hamptons homebuyers hold off while waiting for lower prices

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KEYWORDS Existing home sales nar national Association of Realtors Pending Home Sales Index Pending home sales decreased in August for the fifth time in six. s decline in contract signings in August.