Sales of newly built U.S. single. polled by Reuters had expected new home sales to edge up to a 320,000 unit annual pace from January’s previously reported 309,000 units. The data came on the heels.
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U.S. retail sales unexpectedly fell in April as households cut back on purchases of motor vehicles and a range of other goods, pointing to a slowdown in economic growth after a temporary boost.
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Pending home sales, or signed contracts for homes where transactions have not yet closed, declined 1.3 per cent in April from the previous month, the National Association of Realtors said on Thursday.
· Existing home sales unexpectedly declined in April, extending declines from March, according to a report Tuesday from the National Association of Realtors (NAR). Sales of existing properties fell 0.4% for the month to a seasonally adjusted rate of 5.19 million, from 5.21 million in March.
Economists polled by Reuters had forecast new home sales, which account for about 10% of housing market sales, would decrease 2.8% to a pace of 675,000 units in April.
May 21 (Reuters) – U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties. The National.
WASHINGTON (Reuters) – U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to an annual rate of 5.05 million.
WASHINGTON, May 21 (Reuters) – U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties.
WASHINGTON (Reuters) – U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties. The National Association of Realtors said on tuesday existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.
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WASHINGTON (MarketWatch) – Sales of existing single-family homes and condos fell 0.8% in April to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors reported.