Existing-home sales plummet 15.3% in May

US existing home sales tumbled 4.99M v 5.24M expected, down -6.4% v -1.5%. Mortgage data has been stronger in 2019 so perhaps housing numbers pick up in the coming months with the Fed being flexible on rates.

Although second-quarter sales of new and existing homes in the eight-county Philadelphia area tumbled from the same period in 2007, prices here still have not fallen as much as in many other major U.S.

Existing Home Sales Plummet Most Since July 2010 – Existing-home sales in the West dropped 13.9 percent to an annual rate of 990,000 in November, and are now 4.8 percent lower than a year ago. The median price in the West was $319,700, which is 8.

Lengthy foreclosure timelines carry hidden costs for homebuyers Foreclosure timelines for private-label residential mortgage-backed securities loans backed by properties in California and Nevada, two non-judicial foreclosure states, will remain lengthy over.

Existing Home Sales Plummet By Double Digits In December. NAR Downplays Effect Of Government Shutdown. Existing home sales plummeted by double digits in December compared to the year before. Both October and November saw gains in existing home sales. Yet, that all abruptly changed according to the latest Existing Home Sales report from the.

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march 15/bankers decide to raid gold/silver today: gold down $7.85 to $1317.90/silver down 11 cents to $16.43/despite high open interest in both comex gold and comex silver, we had a good number o gold efp’s: 4700 issued/silver efp’s issued: 799/canadian economy in trouble as existing home sales plummet/canada has the world’s highest household debt to gdp/markets tumble on word that.

September Existing home sales plummet 4%.. existing home sales in the West fell 3.6% to an annual rate of 1.08 million in September and were down 12.2% compared with September 2017 totals. The.

Existing home sales declined 2.3 percent to an annual rate of 5.57 million for April. Economists were expecting a 5.65 million pace. domestic crude supplies declined 4.43 million barrels for the week.

Existing-home sales fell 15.3% in May from a year ago, with the National Association of Realtors recording sales at the seasonally adjusted annual rate of 4.81 million units last month, down from.

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That suggests existing home sales will have an annual pace of 4.1 million and new home will sell at a rate of 292,000. Prior to May’s plummet after the buyer credit expired, these levels would have.

Housing Bubble 2.0 - Case Shiller Slows - Bay Area Bombs - Luxury Homes Lose - Existing Home Sales. It’s cold and lower mortgage rates weren’t enough to heat up the market for existing homes. Sales of existing homes fell 6.4% in December and were ultimately down 10.3% on the year to come in at 4.990 million on a seasonally-adjusted basis.

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