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

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U.S. home resales unexpectedly fell in August, crimped by a shortage of inventory that is boosting home prices faster than the pace of wage growth. Existing Home Sales Fall for Second Straight.

A home is offered for sale in South Barrington, Illinois. The numbers: Existing-home sales ran at a seasonally adjusted annual 5.19 million rate in April, the National Association of Realtors said.

A for-sale sign stands in front of a home in Durham, North Carolina. The numbers: Existing-home. chief U.S. economist for TS Lombard. “Builders have a good record of forecasting the unemployment.

WASHINGTON (Reuters) – U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time.

Sales of pre-owned homes fell again in August, for the second month in a row, U.S. housing inventory continues to dwindle. Such sales of existing homes, as opposed to newly constructed ones, fell by 0.9%, at a seasonally adjusted annual rate of 5.33 million, according to the National Association of Realtors.

U.S. home sales unexpectedly fell in May as an acute shortage of properties on the market pushed house prices to a record high. The National Association of Realtors said on Wednesday that existing home sales slipped 0.4 percent to a seasonally adjusted annual rate of 5.43 million units last month. It was the second straight monthly decline in sales.

WASHINGTON (Reuters) – U.S. existing home sales would fall 3.8 percent to a rate of 5.30 million units last month. Existing home sales, which make up about 90 percent of U.S. home sales, declined 5.

U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time buyers out of the market.

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 temporary boost from.

Existing-home sales fell for the third consecutive month in February. probably rebound in the second quarter as buyers rush to complete deals before the tax credit expires, economists argue. But.

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