U.S. existing home sales unexpectedly fall in April – Reuters – Healthy Topics

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Existing home sales fall unexpectedly in April. The decline was a surprise. Economists surveyed by MarketWatch expected sales to rise to 5.25 million units in April, based on a surge in pending home sales in March. Sales rose a revised 3.5% in March to 5.09 million units, down from the initial estimate of a 3.7% rise to 5.1 million units.

U.S. existing home sales unexpectedly fall in July. Sales were up 2.1 percent from july 2016. supply was down 9.0 percent from a year ago. Housing inventory has declined for 26 consecutive months on a year-on-year basis. A dearth of properties on the market has crimped the housing recovery and forced price appreciation to significantly outstrip wage gains.

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U.S. President Donald Trump and China’s President Xi Jinping hold a bilateral meeting at the G20 meeting in Osaka, Japan, June 29, 2019. Photograph: Kevin Lamarque/Reuters Good morning, and welcome to.

Contracts to buy previously owned homes unexpectedly fell in April, the National Association of Realtors said on Thursday. The NAR’s pending home sales index dropped to a reading of 104.3, down 1.5% from the prior month. Economists polled by Reuters had forecast pending home sales would rise 0.9% last month.

U.S. new home sales fall in April, housing market treading water. (reuters) – Sales of new U.S. single-family homes fell less than expected in April amid a rise in transactions in the South and.

Sales of previously owned U.S. homes declined in April, as inventory shortages and rising prices weigh on the market and higher mortgage rates begin to pose a threat to demand for the first time.

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Still with the US, and new orders for capital goods fell unexpectedly in May, although April’s figure was revised sharply higher. acquisitions of sensitive technologies that may threaten U.S.

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Data showed existing home sales fell 0.4% to a seasonally-adjusted annual rate of 5.19 million units last month. March’s sales pace was unrevised at 5.21 million units. May 21 Tuesday 3:24 PM New.

U.S. home sales fell for a second straight month in April, weighed down by. The unexpected drop in sales reported by the National Association of. Economists polled by Reuters had forecast existing-home sales. A six-to-seven-month supply is viewed as a healthy balance between supply and demand.