Existing-home sales highest in more than six years. Existing-home sales rose 1.7% in August to a seasonally adjusted annual rate of 5.48 million, the highest level since February 2007, NAR reported. Economists polled by MarketWatch had expected an August sales rate of 5.2 million, compared with an unrevised rate of 5.39 million in July.
Existing Home Sales in Spain averaged 23.03 Thousand from 2007 until 2019, reaching an all time high of 50.23 Thousand in January of 2007 and a record low of 11.54 Thousand in October of 2011. This page provides – Spain Existing Home Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Due to lower mortgage rates, we expect total home sales to slowly regain momentum, increasing to 6.10 million in 2019 and to 6.12 million in 2020. For 2019, we expect home sales growth to be mostly driven by existing home sales, while new home sales are expected to remain at their current level.
“There’s a little bit of indigestion on the part of potential homebuyers because mortgage rates have come up more than. pending sales climbed 4 percent in the Northeast. The group said it expects.
Application volume is flat as refinance activity slows FHFA’s second quarter Refinance Report also shows that more than 9,700 loans were refinanced through the Home Affordable Refinance Program, bringing the total number of HARP refinances to 3,470,804 since inception of the program in 2009.
Sales of previously owned U.S. homes eased more than forecast in March, suggesting the housing market is still finding its footing after a weak 2018. Contract closings decreased to a 5.21 million annual rate, falling 4.
existing-home sales rose 1.3% in April to a seasonally adjusted annual rate of 4.65 million. would-be buyers more comfortable with entering the market. The median sales prices for existing homes.
· Existing home sales are forecast to increase 2.5 percent to 5.60 million homes due in-part to inventory increases, compared to 2017’s 0.4 percent increase or 5.47 million homes.
· Florida grew above the national average of 4.4%, recording growth of 5.2% and ranking 6 th in the country for the percent change from the prior year. However, the state’s per capita income was below t he nation as a whole and ranked Florida 28 th in the United States.
“Mortgage interest rates continued to move up; they averaged 4.20% in December. the highest in more than. sales slid 2.5% in November to a 10-month low, also portending a December setback in.
· Existing home sales were down again nationally (4.4%) in April (fourteenth month in a row of declining sales year on year). Prices are now down 3.5% in Seattle YoY. Another hot market in.
How Canada’s dealing with its own home affordability crisis Overuse of GSE tools in the private-label market adds risk: Moody’s investors unite risk Sharing Call. Even with all the toxic mortgages it talked itself into buying in a foolish attempt to win share back from the private-label securities market-including loans like interest-only ARMs and no-doc mortgages that can no longer be made today-it still did not.Gen-X renters have significantly weaker credit profiles than homeowners fannie mae taps eoriginal for new electronic vault Consumer outlook not to blame for slowing existing-home sales SoFi reboots its mortgage business with new name, updated processes bad weather To Blame For Consumer Spending Pullback?. Existing-home sales in the U.S. economy declined by 5.1% in January from the previous month.. We are told auto sales are slowing down.Radian takes $131M charge ahead of Clayton Holdings restructuring PHILADELPHIA, Nov 22, 2017 (BUSINESS WIRE) — Radian Group Inc. RDN, -0.04% today announced that it has completed the sale of Clayton EuroRisk, a provider of outsourced mortgage services in Europe.eOriginal – housingwire.com – In 2017, Fannie Mae, the largest home financier in the U.S., selected eOriginal for the launch of its next-generation electronic vault, which involved moving billions of dollars of assets onto its.Similar to millennials, the Gen X group most commonly selected a home in the suburbs, trading up to a home a median of 300 square feet greater than that of their previous home. More than half of them selected a home with at least one bedroom larger than their previous residence.Housing affordability in Canada’s most expensive market – Vancouver – is at "crisis levels," according to a new study, which says the re-acceleration of home prices, along with higher interest rates, are "slamming" ownership costs again. Cost of buying a home in Vancouver reached its highest levels on record in 1st quarter.