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

Existing-home sales fall for third straight month. Resales of U.S. homes and condominiums fell 0.6% in February to a seasonally adjusted annual rate of 5.02 million, the lowest level in eight.

Sales rose in the Northeast and Midwest. They fell in the West, which has seen a sharp rise in prices, and the South, where most of the homes are sold. Existing home sales, which make up about 90 percent of U.S. home sales, dropped 2.2 percent from a year ago in June. They have declined on a year-over-year basis for four consecutive months and.

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WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell from. which has crippled sales of previously owned homes. A report on Tuesday showed existing home sales fell for a second straight.

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.

The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

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WASHINGTON (Reuters) – U.S. home sales fell for a fourth straight month in July as a shortage of properties on the market pushed up house prices, likely sidelining some potential buyers.

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.

U.S. homeownership at 18-year low The National. had expected a 4.99 million annual rate. The numbers for the second straight month went against the increase in pending home sales, again showing the.

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WASHINGTON – In more bad news for the beleaguered U.S. housing industry, sales of new homes fell in January for a third straight month. and a 0.8 percent fall in demand for motor vehicles and parts.

Sales of existing homes fell 2.8 percent in central Indiana in February, the third straight month of declining sales. real estate for large portions of the U.S. for February 2019, because the month.

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