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News Headlines - existing home sales

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Wall Street Journal

US Existing Home Sales Fell in April
Wall Street Journal
WASHINGTON—Sales of previously owned U.S. homes declined in April, as inventory shortages and rising prices weigh on the market and higher mortgage rates begin to pose a threat to demand for the first time in years. Existing-home sales fell 2.5% in ...
Existing-home sales tumble as supply crunch squeezesMarketWatch
Existing-Home Sales Slide In AprilSeeking Alpha
US existing home sales drop 2.5 percent in AprilReuters
Inman.com -HousingWire
all 83 news articles »

Inventory shortage driving existing home sales market
Marketplace.org
There's a shortage of existing homes for sale in some parts of the country and prices are going up steadily. Part of the problem is that people aren't moving and there aren't enough new homes being built. Click the audio player above to hear the full ...

and more »

Builder Magazine

Metro Chicago Home Sales Slip in May
Builder Magazine
Total home sales in the seven-county metro Chicago region in May totaled 12,186 units, down -1.2% from the same month last year, while the median sales price gained +2.8% to $256,000, RE/MAX reports. The May median price is the highest for any month ...


Las Cruces Sun-News

Year-to-date home sales in Las Cruces area up 20 percent
Las Cruces Sun-News
Local Realtors sold a total of 829 new and existing homes, townhomes and condominiums through May 31 of this year, exceeding the 693 sales closed during the same period last year by 136 units, or 19.6 percent. This year's combined average sales price ...


Nevada Business Magazine

RSAR Releases May 2018 Existing Home Sales Report
Nevada Business Magazine
RENO – The Reno/Sparks Association of REALTORS (RSAR) released its May 2018 report on existing home sales in Washoe County, including median sales price and number of home sales in the region. RSAR obtains its information from the Northern ...


EconoTimes

US existing home sales likely to have increased slightly in May
EconoTimes
U.S. existing home sales are likely to have increased slightly in May. In April, existing home sales fell 2.5 percent to 5.46 million unit annual rate, after rising in the prior two months. The softness was in single-family sales, which had dropped 3 ...


Builder Magazine

Florida Existing Home Sales Rise 4.1% in April
Builder Magazine
Sales of single-family homes statewide totaled 24,804 last month, up 4.1% compared to April 2017. Meanwhile, the statewide median sales price for single-family existing homes was $253,895, up 8.1% from the previous year, according to data from Florida ...
South Florida home sales surge in AprilSouth Florida Business Journal

all 7 news articles »

Pending sales continue downward trend in April
theday.com
In its existing home sales report for April, the National Association of Realtors determined that there were 1.8 million homes for sale. While this was a substantial 9.8 percent increase from the previous month, it was still down 2.5 percent from April ...


Zing! Blog by Quicken Loans (blog)

New and Existing Home Sales Take a Step Back – Market Update
Zing! Blog by Quicken Loans (blog)
I hope everyone had a good Memorial Day. Sadly, even the long weekends must eventually come to an end. I hope you're all rested up because there was a fair amount of economic data that came out last week. Let's jump into it.


The Nation's Housing: No dire results yet from 2017 tax cut
The Columbus Dispatch
The latest data from the National Association of Realtors on existing home sales in the high-cost brackets — the most vulnerable to the federal tax hatchet — suggest that demand is actually up: Sales between $500,000 and $750,000 rose by 11.9 percent ...

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