U.S. existing home sales unexpectedly fall in April – Reuters – UKA News

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Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared to March, according to the National Association of Realtors’ Pending Home Sales Index. Sales were 2% lower than in April 2018, June 16, 2012. Pending sales are an indicator of future closures and are therefore the most up-to-date measure of activity in [.]

U.S. Existing Home Sales Fall in May. Yun pointed out that closings were down in a majority of the country last month and declined on an annual basis in each major region. Regarding prices, the report showed that median existing-home price for all housing types in May was $264,800, up 4.9% from May 2017 ($252,500).

Home building unexpectedly plunged to its lowest point since April. polled by Thomson Reuters had expected a pace of 600,000. “There has not has not been much improvement in the underlying demand.

Economists polled by Reuters had forecast existing home sales rising 2.7% to a rate of 5.35 million units in April. Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago.

TOKYO, June 23 (Reuters. the 38.2 percent retracement of the fall from its April high of 11,408.17 to its June low of 9,378.23. The broader topix .topx fell 1.4 percent to 881.88. Sales of U.S..

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WASHINGTON (Reuters) – U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties. The National Association of Realtors said on Tuesday existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.

U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties. The National Association of Realtors said on Tuesday existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.

FILE- In this Feb. 20, 2019, file photo a coming soon for sale sign sits in front of a home in the Dallas suburb of Richardson, Texas. On Monday, April 22, the National Association of Realtors reports on sales of existing homes in March.

U.S. home resales unexpectedly increased in September as the effects of Hurricanes Harvey and Irma began to dissipate, but a persistent dearth of properties for sale continued to weigh on overall.