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Pending home sales dip for sixth straight month

Pending home sales dip for sixth straight month

Pending home sales dip for sixth straight month
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Pending home sales dip for sixth straight month
Pending home sales dip for sixth straight month
Pending home sales dip for sixth straight month
Pending home sales dip for sixth straight month
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
CNBC's Diana Olick joins 'Squawk on the Street' to report on realtors pending home sales being down for the sixth-straight month.
CNBC's Diana Olick joins 'Squawk on the Street' to report on realtors pending home sales being down for the sixth-straight month.
Pending Home Sales Fall for Sixth Straight Month Due to High Prices and Mortgage Rates
Pending Home Sales Fall for Sixth Straight Month Due to High Prices and Mortgage Rates
Pending Home Sales Fall for Sixth Straight Month Due to High Prices and Mortgage Rates
Pending Home Sales Fall for Sixth Straight Month Due to High Prices and Mortgage Rates
www.realtor.com www.realtor.com | 1 year ago
The numbers: An index of pending U.S. home sales slumped 3.9% in April and fell for the sixth month in a row, signaling a sharp slowdown in the real estate market due to record home prices and rising mortgage rates. The index reflects transactions in which a contract has been signed for the purchase of a previously owned home, but the sale has not yet closed. Economists view the index as a bellwether for future home sales. The report is published by the National Association of Realtors. Key de...
The numbers: An index of pending U.S. home sales slumped 3.9% in April and fell for the sixth month in a row, signaling a sharp slowdown in the real estate market due to record home prices and rising mortgage rates. The index reflects transactions in which a contract has been signed for the purchase of a previously owned home, but the sale has not yet closed. Economists view the index as a bellwether for future home sales. The report is published by the National Association of Realtors. Key de...
U.S. pending home sales drop for a sixth month in worst skid since 2018
U.S. pending home sales drop for a sixth month in worst skid since 2018
U.S. pending home sales drop for a sixth month in worst skid since 2018
U.S. pending home sales drop for a sixth month in worst skid since 2018
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
The number dropped 3.9% from a month earlier to 99.3, according to data released Thursday.
The number dropped 3.9% from a month earlier to 99.3, according to data released Thursday.
July Existing-Home Sales Fall for the Sixth Straight Month, Realtors See ‘Housing Recession’
July Existing-Home Sales Fall for the Sixth Straight Month, Realtors See ‘Housing Recession’
July Existing-Home Sales Fall for the Sixth Straight Month, Realtors See ‘Housing Recession’
July Existing-Home Sales Fall for the Sixth Straight Month, Realtors See ‘Housing Recession’
www.realtor.com www.realtor.com | 1 year ago
The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly decline. The sales number matched what economists polled by the Wall Street Journal were expecting. This is the weakest level of sales since May 2020 at the end of the recession caused by the pandemic. Excluding the recession, the level of sales activity was lowest since November 2015. Compared with...
The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly decline. The sales number matched what economists polled by the Wall Street Journal were expecting. This is the weakest level of sales since May 2020 at the end of the recession caused by the pandemic. Excluding the recession, the level of sales activity was lowest since November 2015. Compared with...
Pending home sales declined for the third consecutive month in August
Pending home sales declined for the third consecutive month in August
Pending home sales declined for the third consecutive month in August
Pending home sales declined for the third consecutive month in August
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
CNBC's Diana Olick reports on August's pending homes sales data.
CNBC's Diana Olick reports on August's pending homes sales data.
Pending Home Sales Dip In April Amid Rising Rates, Steeper Prices
Pending Home Sales Dip In April Amid Rising Rates, Steeper Prices
Pending Home Sales Dip In April Amid Rising Rates, Steeper Prices
Pending Home Sales Dip In April Amid Rising Rates, Steeper Prices
forbes forbes | 1 year ago
Pending Home Sales Dip In April Amid Rising Rates, Steeper Prices Escalating mortgage rates have bumped up the cost of purchasing a home. Newsday via Getty Images Escalating mortgage rates have bumped up the cost of purchasing a home. Pending home sales slipped in April as contract activity decreased for the sixth consecutive month, the National Association of Realtors reported. Only the Midwest saw signings increase month-over-month, while the other three major...
Pending Home Sales Dip In April Amid Rising Rates, Steeper Prices Escalating mortgage rates have bumped up the cost of purchasing a home. Newsday via Getty Images Escalating mortgage rates have bumped up the cost of purchasing a home. Pending home sales slipped in April as contract activity decreased for the sixth consecutive month, the National Association of Realtors reported. Only the Midwest saw signings increase month-over-month, while the other three major...
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: 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: Scarcity of homes for sale continued to be a major factor. The total invent...
The numbers: 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: Scarcity of homes for sale continued to be a major factor. The total invent...
Home Sales Fall For The Seventh Straight Month In August
Home Sales Fall For The Seventh Straight Month In August
Home Sales Fall For The Seventh Straight Month In August
Home Sales Fall For The Seventh Straight Month In August
forbes forbes | 1 year ago
Home Sales Fall For The Seventh Straight Month In August Unsold inventory sits at a 3.2-month supply at the current sales pace.Getty Images Unsold inventory sits at a 3.2-month supply at the current sales pace. Existing-home sales experienced a slight dip in August, marking the seventh consecutive month of declines, according to the National Association of Realtors. Month-over-month sales varied across the four major U.S. regions as two regions recorded increases, one was unchanged and the other...
Home Sales Fall For The Seventh Straight Month In August Unsold inventory sits at a 3.2-month supply at the current sales pace.Getty Images Unsold inventory sits at a 3.2-month supply at the current sales pace. Existing-home sales experienced a slight dip in August, marking the seventh consecutive month of declines, according to the National Association of Realtors. Month-over-month sales varied across the four major U.S. regions as two regions recorded increases, one was unchanged and the other...
U.S. Existing-Home Sales Fall for the Fifth Straight Month in June
U.S. Existing-Home Sales Fall for the Fifth Straight Month in June
U.S. Existing-Home Sales Fall for the Fifth Straight Month in June
U.S. Existing-Home Sales Fall for the Fifth Straight Month in June
www.realtor.com www.realtor.com | 1 year ago
The numbers: U.S. existing-home sales fell 5.4% to a seasonally adjusted annual rate of 5.12 million in June, the National Association of Realtors said Wednesday. Economists polled by the Wall Street Journal were expecting sales to be 5.36 million. This is the weakest level of sales since June 2020, during the COVID-19 lockdown. Outside of the pandemic, the sales number weakest since January 2019. Compared with June 2021, home sales were down 14.2%. This is the fifth straight monthly decline an...
The numbers: U.S. existing-home sales fell 5.4% to a seasonally adjusted annual rate of 5.12 million in June, the National Association of Realtors said Wednesday. Economists polled by the Wall Street Journal were expecting sales to be 5.36 million. This is the weakest level of sales since June 2020, during the COVID-19 lockdown. Outside of the pandemic, the sales number weakest since January 2019. Compared with June 2021, home sales were down 14.2%. This is the fifth straight monthly decline an...
U.S. Existing Home Sales Fall for 4th Straight Month in May While Prices Skyrocket
U.S. Existing Home Sales Fall for 4th Straight Month in May While Prices Skyrocket
U.S. Existing Home Sales Fall for 4th Straight Month in May While Prices Skyrocket
U.S. Existing Home Sales Fall for 4th Straight Month in May While Prices Skyrocket
www.realtor.com www.realtor.com | 1 year ago
The numbers: U.S. existing-home sales fell 3.4% to a seasonally adjusted annual rate of 5.41 million in May, the National Association of Realtors said Tuesday. Compared with May 2021, home sales were down 8.6%. The decline was in line with the forecast of economists polled by the Wall Street Journal. This is the fourth straight monthly decline and comes as mortgage rates have spiked and prices have risen. Key details: The median price for an existing home rose to a record $407,600, up 14.8% fr...
The numbers: U.S. existing-home sales fell 3.4% to a seasonally adjusted annual rate of 5.41 million in May, the National Association of Realtors said Tuesday. Compared with May 2021, home sales were down 8.6%. The decline was in line with the forecast of economists polled by the Wall Street Journal. This is the fourth straight monthly decline and comes as mortgage rates have spiked and prices have risen. Key details: The median price for an existing home rose to a record $407,600, up 14.8% fr...