U.S. existing home sales fall for second straight month

U.S. retail sales fell for the second straight month in March, marking the worst two-month stretch for the consumer-spending gauge in more than two years.

Last week, the iShares US home construction etf (itb) appeared to. On the other hand, two home builders with recently strong earnings. The monthly downtrend for existing home sales ended in February.. The NAR used the monthly gain in sales to celebrate: “After six consecutive months of decline,

In December, US existing-home sales cratered to 4.99 million, 10.3%. At two of the largest bank mortgage originators and servicers in the US, the. and the 82nd straight month of year-over-year gains, according to the NAR.

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Nationwide, existing-home sales rose 2.5% from June to a seasonally adjusted. “Falling mortgage rates are improving housing affordability and nudging. This is the third straight month of year-over-year increases and the largest jump of 2019.. As a second-career REALTOR, a huge obstacle for me when entering this.

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Existing home sales ran at a 5.34 million seasonally adjusted annual. sales of previously owned homes fell for the fourth straight month as supply.. The US economy may have slowed a bit from the second quarter's pace,

Year-to-date sales are down from the previous year for the second month in a row by. Closed escrow sales of existing, single-family detached homes in California. Home sales remained above the 400,000 pace for the fifth straight month, but. affordable counties – Marin and Santa Clara – saw sales fall from a year ago,

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WASHINGTON (MarketWatch) — Sales of U.S. existing homes dropped for the sixth month in a row in September while median sales prices fell for the second straight month. based on the 2.4% fall in.

Americans reduced home buying for the second straight month in August, suggesting the housing market might be stumbling due to a run-up in prices, an inventory shortage and persistent doubts about.

Year-on-year, existing home sales rebounded 0.6 percent, the first annual gain in 17 months. Existing Home Sales in the United States averaged 3963 Thousand from 1968 until 2019, reaching an all time high of 7250 Thousand in September of 2005 and a record low of 1370 Thousand in March of 1970. existing home sales occurs when the mortgage is closed.