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Existing-home sales decline for fifth time in six months

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Sales of existing homes rose in October after six months of decline (AFP Photo/SCOTT OLSON) More Washington (AFP) – Long-suffering sales of existing US homes rose in October for the first time since March but a low trend persisted, according to an industry survey released Wednesday.

Existing home sales drop sharply, down 6.4 percent Existing home sales fell 0.4% to a seasonally. in March and 1.8 million a year ago. At April’s sales pace, it would take 4.2 months to exhaust the current inventory, up from 3.8 months in March. A.

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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.

WASHINGTON, Nov. 21, 2018 /PRNewswire/ — Existing-home sales increased in October after six straight months of decreases, according to the National. Existing-Home Sales Increase for the First.

By Reade Pickert May 21, 2019 (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.

"Last month’s. even steeper decline. On a regional basis, existing-home sales in the Northeast dipped 2.7 percent to an annual rate of 730,000, and are now 2.7 percent below a year ago. The median.

Home Tags Decline. Tag: decline.. existing-home sales decline for fifth time in six months. root-May 21, 2019. 0.. march home sales, prices decline in Connecticut. root-April 25, 2019. 0. Newspaper is your news, entertainment, music fashion website. We provide you with the latest breaking.

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Already pricing-in dovish monetary conditions, the recently high-flying REITs underperformed on the week despite a decline.

 · 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.

Despite properties typically selling faster than at any time since July 2013, existing-home sales slowed. Despite the monthly decline, sales have increased year-over-year for seven consecutive.

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.