Existing-home sales ease more than forecast to 5.2 million

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.

Freddie’s multifamily rankings show more stability than Fannie’s

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.

Something Really Big Just Happened To The Real Estate Market In 2019 “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.

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