Shortage of cheaper houses stifles U.S. home sales

[Reuters] Shortage of cheaper houses stifles U.S. homes sales [Reuters] U.S. states cheer April income tax deluge but analysts urge caution [Reuters] Hobbling Huawei: Inside the U.S. war on China’s tech giant [reuters] north Korea warns U.S. over seized ship at rare U.N. news conference

Bellingham’s rental rates are climbing faster than Seattle’s – here’s why CMHC first-quarter earnings increase to $394 million despite dip in revenues | The Star CMHC said that, in the first three months of this year, it provided mortgage loan insurance for more than 43,000 new units across the country, including over 24 In closing, CMHC chief financial officer Lisa Williams keeps a positive outlook in the coming months. "We continue to navigate a changing.

U.S. home sales declined in May-typically a frenzied time for the market-as the disconnect grows between the price of homes on the market and buyers. Rising mortgage rates have exacerbated the.

Shortage of cheaper houses stifles U.S. homes sales Shortage of cheaper houses stifles U.S. homes sales – Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago, the 14th straight annual decrease. According to the NAR, there was a 10% drop from a year earlier in sales of houses priced $100,000 and below.

WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a.

U.S. home sales. The weakness in housing comes despite cheaper mortgage rates and the lowest unemployment rate in nearly 50 years. Supply has continued to lag, especially in the lower-price segment.

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WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a.

By Lucia Mutikani. WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was.

WASHINGTON (Reuters) – U.S home sales. despite cheaper mortgage rates and the lowest unemployment rate in nearly 50 years. Supply has continued to lag, especially in the lower-price segment of the.

The bulk of the houses that are getting built are priced at more than $300,000; last month the median price of all new home sales was $395,000, about $150,000 more than existing houses.

Shortage of cheaper houses stifles U.S. homes sales. investing.com – By Lucia Mutikani. WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the.