Existing-home sales fall to three-year low, miss estimates

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Low Cost Housing January Existing Home Sales Fall, Missing Estimates (XHB. – From Jill Mislinski: This morning’s release of the January Existing-Home Sales decreased from the previous month to a seasonally adjusted annual rate of 5.38 million units. The Investing.com.

Last month, existing home sales fell in three of the country’s four major regions, rising only in the Northeast. There were 1.59 million previously owned homes on the market in January, up from 1.

Existing Home Sales Miss Estimates. 20-Jun-18 10:00 ET . Dow +61.98 at 24762.19. Just in, existing home sales decreased 0.4% in May to an annualized rate of 5.43 million units (Briefing.com consensus 5.55 million). The April reading was revised to 5.45 million (from 5.46 million).

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Existing Home Sales Miss Estimates The existing home sales report doesn’t matter to GDP, but it is important because most homes sold are in this category. As you can see from the chart below, sales of 5.19 million in April fell slightly from 5.21 million which missed the low end of the expected range which was 5.25 million.

Sales of previously owned U.S. homes fell to the weakest pace in more than three years, falling short of estimates and indicating the housing. months of supply as a sign of a tight market. Existing.

"Affordability will be crimped by rising mortgage rates, posing an additional headwind to sales." Existing home sales declined 3.6 percent. The dollar fell to a three-year low against a basket of.

Existing-Home Sales. The total number of existing-homes sold (EHS) in the U.S. for May 2018 was higher than the ten-year May average. Regionally, the May 2018 sales in all four regions were above the ten-year May average, with the Midwest and South showing the highest percentage increase.

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Existing-home sales slide to a 3-year low as housing market stumbles. scared from the market during the period of rising rates in the fall could see it as an opportunity to jump back in. US Existing Home Sales Miss Estimates; down fifth time in six months.

Sales of previously owned U.S. homes fell to the weakest pace in more than three years, falling short of estimates and indicating the housing. while inventory increased. Existing home sales.

US home sales fall as record low inventory boosts prices. – US home sales fall as record low inventory boosts prices.. Existing home sales, which account for about 90 percent of U.S. home sales, rose 1.1 percent on a year-on-year basis in December.