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Sales of existing homes fell in May, and more declines are expected

Sales of existing homes fell in May, and more declines are expected

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Sales of existing homes fell in May, and more declines are expected
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Sales of existing homes fell in May, and more declines are expected
Sales of existing homes fell in May, and more declines are expected
Sales of existing homes fell in May, and more declines are expected
Sales of existing homes fell in May, and more declines are expected
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
Sales of existing homes in May dropped 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to the National Association of Realtors. Sales were 8.6% lower than in May 2021. April's sales were revised slightly lower as well. This is the weakest reading since June 2020, which was during the early months of the Covid pandemic. Adjusting for that, it is the lowest since January 2020. This reading is based on closings during the month, therefore representing contracts likely...
Sales of existing homes in May dropped 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to the National Association of Realtors. Sales were 8.6% lower than in May 2021. April's sales were revised slightly lower as well. This is the weakest reading since June 2020, which was during the early months of the Covid pandemic. Adjusting for that, it is the lowest since January 2020. This reading is based on closings during the month, therefore representing contracts likely...
Existing home sales fell in April to the lowest level since the start of the pandemic
Existing home sales fell in April to the lowest level since the start of the pandemic
Existing home sales fell in April to the lowest level since the start of the pandemic
Existing home sales fell in April to the lowest level since the start of the pandemic
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
Rising mortgage rates and continued tight supply caused home sales to drop to the lowest level since the start of the pandemic.
Rising mortgage rates and continued tight supply caused home sales to drop to the lowest level since the start of the pandemic.
Pending home sales fell 10% in September, much worse than expected
Pending home sales fell 10% in September, much worse than expected
Pending home sales fell 10% in September, much worse than expected
Pending home sales fell 10% in September, much worse than expected
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
Pending home sales, a measure of signed contracts on existing homes, dropped a much worse-than-expected 10.2% in September from August, according to the National Association of Realtors. Economists had predicted a 4% decline. Sales were down 31% year over year. This marks the lowest level on the pending sales index since June 2010, excluding April 2020, when the Covid pandemic was in its early days. Realtors point squarely to sharply higher mortgage rates, which had sat at record lows for the fi...
Pending home sales, a measure of signed contracts on existing homes, dropped a much worse-than-expected 10.2% in September from August, according to the National Association of Realtors. Economists had predicted a 4% decline. Sales were down 31% year over year. This marks the lowest level on the pending sales index since June 2010, excluding April 2020, when the Covid pandemic was in its early days. Realtors point squarely to sharply higher mortgage rates, which had sat at record lows for the fi...
U.S. Existing Homes Sales Fall for Third Straight Month in April
U.S. Existing Homes Sales Fall for Third Straight Month in April
U.S. Existing Homes Sales Fall for Third Straight Month in April
U.S. Existing Homes Sales Fall for Third Straight Month in April
www.realtor.com www.realtor.com | 1 year ago
The numbers:ย Existing-home sales fell 2.4% to a seasonally adjusted annual rate of 5.61 million in April, the National Association of Realtors said Thursday. Compared with April 2021, home sales were down 5.9%. Economists polled by the Wall Street Journal had expected an decrease to 5.64 million units. This is the third straight monthly decline and comes as mortgage rates have spiked and prices have risen. Key details:ย Scarcity of homes for sale continued to be a major factor. The total invent...
The numbers:ย Existing-home sales fell 2.4% to a seasonally adjusted annual rate of 5.61 million in April, the National Association of Realtors said Thursday. Compared with April 2021, home sales were down 5.9%. Economists polled by the Wall Street Journal had expected an decrease to 5.64 million units. This is the third straight monthly decline and comes as mortgage rates have spiked and prices have risen. Key details:ย Scarcity of homes for sale continued to be a major factor. The total invent...
Home prices fell more between May and September this year than any previous year
Home prices fell more between May and September this year than any previous year
Home prices fell more between May and September this year than any previous year
Home prices fell more between May and September this year than any previous year
seattlebubble seattlebubble | 5 years ago
Between May and September this year, the median sale price of single-family homes in King County has fallen 8.0 percent. Most years home prices rise between May and September. The biggest decline between those months in previous years was 5.7 percent in 2008โ€ฆ The post Home prices fell more between May and September this year than any previous year appeared first on Seattle Bubble.
Between May and September this year, the median sale price of single-family homes in King County has fallen 8.0 percent. Most years home prices rise between May and September. The biggest decline between those months in previous years was 5.7 percent in 2008โ€ฆ The post Home prices fell more between May and September this year than any previous year appeared first on Seattle Bubble.
Existing home sales are still savagely unhealthy
Existing home sales are still savagely unhealthy
Existing home sales are still savagely unhealthy
Existing home sales are still savagely unhealthy
housingwire housingwire | 1 year ago
The savagely unhealthy housing market is continuing as we get closer to August. But, there is one bright spot โ€” inventory is rising. The post Existing home sales are still savagely unhealthy appeared first on HousingWire.
The savagely unhealthy housing market is continuing as we get closer to August. But, there is one bright spot โ€” inventory is rising. The post Existing home sales are still savagely unhealthy appeared first on HousingWire.
Existing Home Sales Dip 2.7% in March
Existing Home Sales Dip 2.7% in March
Existing Home Sales Dip 2.7% in March
Existing Home Sales Dip 2.7% in March
realestateinvestingtoday realestateinvestingt... | 2 years ago
The National Association of Realtors is reporting that existing home sales were down 2.7% in March to a seasonally-adjusted annual rate of 5.77 million (down 4.5% from one year ago).ย  Total housing inventory at the end of March was 950k units, down 9.5% from one year ago.ย  Unsold inventory sits at a 2-month supply at [...] The post Existing Home Sales Dip 2.7% in March appeared first on Real Estate Investing Today.
The National Association of Realtors is reporting that existing home sales were down 2.7% in March to a seasonally-adjusted annual rate of 5.77 million (down 4.5% from one year ago).ย  Total housing inventory at the end of March was 950k units, down 9.5% from one year ago.ย  Unsold inventory sits at a 2-month supply at [...] The post Existing Home Sales Dip 2.7% in March appeared first on Real Estate Investing Today.
Existing Home Sales Down 3.4% in May - Real Estate Investing Today
Existing Home Sales Down 3.4% in May - Real Estate Investing Today
Existing Home Sales Down 3.4% in May - Real Estate Investing Today
Existing Home Sales Down 3.4% in May - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
The National Association of Realtors is reporting that existing home sales were down 3.4% in May to a seasonally-adjusted annual rate of 5.41 million (down 8.6% year over year).ย  Total housing inventory at the end of May was 1,160,000 units, down 4.1% from one year ago.ย  Unsold inventory sits at a 2.6-month supply at the current sales rate with properties remaining on the market for around 16 days.ย  The median existing-home price for all housing types in May was $407,600 (surpassing the $400k...
The National Association of Realtors is reporting that existing home sales were down 3.4% in May to a seasonally-adjusted annual rate of 5.41 million (down 8.6% year over year).ย  Total housing inventory at the end of May was 1,160,000 units, down 4.1% from one year ago.ย  Unsold inventory sits at a 2.6-month supply at the current sales rate with properties remaining on the market for around 16 days.ย  The median existing-home price for all housing types in May was $407,600 (surpassing the $400k...
Homes in New York are more expensive, and there's fewer to buy
Homes in New York are more expensive, and there's fewer to buy
Homes in New York are more expensive, and there's fewer to buy
Homes in New York are more expensive, and there's fewer to buy
bizjournals bizjournals | 2 years ago
The median sales price of a home in New York was $410,000 in March 2022 compared to $362,315 in March 2021, according to a new report.
The median sales price of a home in New York was $410,000 in March 2022 compared to $362,315 in March 2021, according to a new report.
New-Home Sales Fell Sharply In June
New-Home Sales Fell Sharply In June
New-Home Sales Fell Sharply In June
New-Home Sales Fell Sharply In June
nationalmortgageprofessional nationalmortgageprof... | 1 year ago
Analysis and Data New-Home Sales Fell Sharply In June David Krechevsky Jul 26, 2022 Sales of new single-family homes fell 8.1% in June from May. KEY TAKEAWAYS Sales of new homes posted a seasonally adjusted annual of 590,000 nationwide in June, down 8.1% from May and down 17.4% from June 2021, ac...
Analysis and Data New-Home Sales Fell Sharply In June David Krechevsky Jul 26, 2022 Sales of new single-family homes fell 8.1% in June from May. KEY TAKEAWAYS Sales of new homes posted a seasonally adjusted annual of 590,000 nationwide in June, down 8.1% from May and down 17.4% from June 2021, ac...