Existing-home sales decline for fifth time in six months

(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.

 · 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.

US existing-home sales decline for fifth time in six months. 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.

Other reports have showed home prices rose by the least in four years in December and existing home sales, which comprise the bulk of the market, fell in January to the slowest pace since 2015. At the.

People on the move: Sept. 29 Toronto housing continues slowdown with August price drop Refinance applications rise as rates fall to a seven-month low Mortgage applications fall 4.6% as rates rise. diana olick. CNBC. October 25, 2017. the highest since May.Mortgage applications to refinance a home loan fell 3 percent for the week and are down.Interest on Fed reserves is the wrong market policy to criticize After an ugly May, the stock market is on track for its best weekly gain since November of 2018, at least partly on the back of hope that the Federal Reserve will soon reduce interest rates to.Toronto house prices continue to decline. a GTA home was $731,614 in the first two week of August.. National Bank of Canada predicted housing prices would continue to drop in the coming.

 · WASHINGTON – Sept. 27, 2017 – Pending home sales sank in August for the fifth time in six months – and slower activity in the areas hit hard by Hurricanes Harvey and Irma will now likely pull existing sales for the year below the pace set in 2016, according to the National Association of Realtors® (NAR).

Home prices in 20 U.S. cities keep climbing While U.S. single-family home sales tumbled to a nearly 2-year low. And while home values fell in some of the country's hottest cities, including las vegas and Seattle, Philadelphia's values climbed 4.2. High demand and bidding wars can artificially drive up prices, keeping low- and middle-class home.

Sales of existing single-family homes fell 2.6% in central Indiana in May, the sixth straight month of declining sales. Completed sales in the 16-county area dropped from 3,511 in May 2018 to.

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