Existing-home sales ease more than forecast to 5.2 million

"However, the number of jobs is roughly the same as it was in 2000 when existing-home sales totaled 5.2 million, which appears to be a sustainable figure given the current level of employment.

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Existing Home Sales occurs when the mortgage is closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed. . This page provides the latest reported value for – United States Existing Home Sales – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Existing-home sales ease more than forecast to 5.2 million Sales of previously owned homes eased more than forecast in March, suggesting the housing market is still finding its footing after a weak 2018.

Existing home sales jumped to an annualized rate of 5.510 million units in February, besting our above-consensus forecast of 5.460 million units. February’s sales rate is the best since March 2018 and marks an 11.8 percent increase from January’s sales rate. Where you see the real strength in February existing home sales, however, is in the raw

Closing times match a low last seen pre-TRID The latest market slide comes as investors worry that the trade war between the U.S. and China will derail global economic and corporate profit growth as it drags on with no sign of a resolution.

Sales of previously owned 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 4.9% from February’s downwardly revised pace , the National Association of Realtors said Monday.

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Existing home sales in the South were down 3.4% to an annual rate of 2.28 million in March, a 2.1% drop from last year. The median price in the South was $227,400, up 2.4% year-over-year.

The median forecast of 73 economists surveyed by Bloomberg called for August sales to ease to a 5.5 million annual rate. Existing home sales, which are tallied only when purchase contracts close,

US participants may react more than overseas markets on political turmoil. US existing home sales softened every month in Q2. API reported a large (~5.2 million barrel) drawdown on US inventories,

U.S. Existing Home Sales Dropped 2.2 Percent in October US existing home sales rise for second month – news.yahoo.com – Sales increased everywhere except in the fire-stricken West, where buying sentiment has weakened amid tight supply. Sales of town homes, condos, co-ops and single-family houses, rose 1.9 percent to an annual rate of 5.3 million units after seasonal adjustment. Economists had forecast a slight decrease to 5.2 million.