Existing-home sales decline for fifth time in six months

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October existing-home sales increased last month, after six straight months of decreases, the National Association of REALTORS reported Wednesday. Three of four major regions saw gains in sales.

United States Existing Home Sales 1968-2018 | Data | Chart | Calendar. It compares with market expectations of a 0.6 percent rise to 5.4 million. It is the fourth straight fall and the lowest rate since February of 2016. The median house price fell to $269,600 from $273,800 in June and the months’ worth of supply was flat at 4.3.

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U.S. Existing-Home Sales Decline for Fifth Time in Six Months Reade Pickert , Bloomberg News A prospective home buyer looks out the master bedroom window at a house for sale in Dunlap, Illinois.

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KEYWORDS Existing home sales NAR National Association of Realtors Pending Home Sales Index Pending home sales decreased in August for the fifth time in six months, and was especially slow in areas.

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Existing home sales in November tumbled 6.1%, the biggest drop since July 2010, down to a seasonally adjusted annual rate of 4.93 million. This was well below analyst expectations of a 1.1% decline.

triggering a sharp uptick following months of decline. Figures from the latest Douglas Elliman market reports show that.

Total existing-home sales 1, which are completed transactions. Despite the monthly decline, sales have increased year-over-year for seven consecutive months and are still 6.1 percent above a year.

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Tight supply levels held down existing-home sales in April and also pushed the median. from a downwardly revised 5.70 million in March. Despite last month’s decline, sales are still 1.6 percent.

Sales of previously owned U.S. homes unexpectedly cooled in April – the fifth drop in six months – signaling a rocky start for the housing market this quarter amid a still-tight supply of.

Existing-home sales fall for the second straight month in April. That was 0.4% lower than March and 4.4% lower than a year ago.. based on survey data – suggests first-time buyers currently make up about the same share.

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