Posted on

Existing-home sales decline for fifth time in six months

The number of new contracts for existing home sales barely. an 0.5 percent decline. It is the second month in a row the forward-looking indicator has fallen and for the fifth straight month it lags.

Home Tags Decline. Tag: decline.. existing-home sales decline for fifth time in six months. root-May 21, 2019. 0.. March home sales, prices decline in Connecticut. root-April 25, 2019. 0. Newspaper is your news, entertainment, music fashion website. We provide you with the latest breaking.

 · Private sector output in Scotland has fallen for the fifth time in six months, according to the Royal Bank of Scotland PMI. The decline in May reverses the modest pick-up seen in April. New orders also declined, but prices increased due to cost pressures including higher labour costs as firms continued to recruit.

Canada: Retail sales declined for the fifth time in six months – NBF. According to National Bank of Canada analyst, Jocelyn Paquet, the decline in sales appears generalized.

 · This year’s run-up in mortgage rates may be done for now, with rates falling this week for the fifth time in the last six weeks. And there may even be room for rates to drop even lower.

At the national level, existing home sales declined by only 0.8 percent between November and December 2006 to 6.22 million units. The National Association of Realtors released this statistic to illustrate that existing home sales have not moved dramatically up or down in the past five months.

Sales of previously owned 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 available properties.

 · Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago, the 14th straight annual decrease. According to the NAR, there was a.

U.S. Existing-Home Sales Post Fifth Decline in Six Months. Bloomberg – Reade Pickert. 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.

Economic News:  Housing market, consumer confidence, Yellen, Puerto Rico 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.

Wage growth fuels a shift in how millennials fund down payments U.S. Workers See Modest Wage Growth Salaries are increasing, but by how much depends upon what you do. Daniel B. Kline. and Java developers (down 0.1% to $75,124) actually moved in the wrong.Lenders scolded for climate ignorance in ‘insane’ Florida deals "We all know, in a theoretical way, that climate change is going to turn the state of Florida into a narrow peninsula of watery broken dreams. But I bet you are not scared enough!" In a Bloomberg article, Lenders Scolded for Climate Ignorance in ‘Insane’ Florida real estate deals , the authors point out the increased risk of purchasing.Tavant Selected by Fairway Independent Mortgage To Transform Its Digital Lending Experience Ted Tozer is joining PennyMac’s board Hon. Theodore W. Tozer, also known as Ted, served as the President of Government National mortgage association (ginnie mae) since February 24, 2010.. This person is connected to 1 Board Member.Tavant selected by Fairway Independent Mortgage To Transform Its Digital Lending Experience. This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account .