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Existing-Home Sales Slip, but Inventory Stirs. Barely budging against imbalanced inventory, existing-home sales slipped at the start of summer, the National Association of REALTORS (NAR) reports.
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Activity in June declined 0.6 percent to 5.38 million, down 2.2 percent from the prior year; however, inventory increased 4.3 percent to 1.95 million, and is 0.5 percent higher than the prior year-the first increase [.] The post Existing-Home Sales Slip, but Inventory Stirs appeared first on RISMedia.
Existing home sales surged 11.8 percent in Feb. as mortgage rates tumbled, reviving a sluggish market. Yet sales are still down vs a year ago.
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Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, while the median price shows seven straight months of double-digit year-over-year increases.
Existing home sales slip in March. Existing homes sales fell 0.6 percent in March according to the National Association of Realtors (NAR) which noted continued tight inventory levels which.
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Existing-home sales eased in December but are well above a year ago, while limited inventory maintained the upward momentum in home prices, according to the National Association of Realtors. Total.
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We usually see local home prices and sales decline in January, which is. The total number of existing local homes, condos and townhomes sold. of 2017, so Carpenter expects sales numbers may continue to slip this year.
Barely budging against imbalanced inventory, existing-home sales slipped at the start of summer, the National Association of REALTORS (NAR) reports. Activity in June declined 0.6 percent to 5.38.
NAR: Northeast Existing-Home Sales Slip 8.3% in July – Real. – In the Midwest, existing-home sales declined 1.6% to an annual rate of 1.25 million in July, and are 0.8% below a year ago. The median price in the Midwest was $210,500, up 2.5% from a year ago. Existing-home sales in the South decreased 0.4% to an annual rate of 2.24 million in July, and were 0.4% lower than a year ago.
Existing-Home Sales Fall Again In April – Sales are down 4.4 percent from a year ago and 8.0 percent from the recent peak of 5.64 million in November 2017. Though economic reports continue. of total existing-home sales, fell 1.1.