U.S. existing home sales unexpectedly fall in April

existing home sales unexpectedly fall May 21, 2019 10:01 AM ET | By: Gaurav Batavia , SA News Editor April Existing Home Sales : -0.4% to 5.190M vs. 5.350M consensus and 5.210m prior (unrevised).

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WASHINGTON, May 21 (Reuters) – U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties.

The National Association of Realtors (NAR) reports existing-home sales inch Back 0.4% in April. Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors®. Two of the four major U.S. regions saw a slight dip in sales, while the West saw growth and the Midwest essentially bore no changes last month.

NEW YORK (Reuters) – Sales of previously owned U.S. homes fell unexpectedly in May as delays. the previously reported 5.77 million units in April. * Sales were expected to rise as transactions for.

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Sales of existing US homes fell unexpectedly in April, data from the National Association of Realtors showed on Thursday. According to the figures, existing home sales declined 3.3% month-on-month.

Existing home sales in the U.S. unexpectedly showed a modest decrease in the month of April, according to a report released by the National Association of Realtors on Tuesday. NAR said existing home sales dipped by 0.4 percent to an annual rate of 5.19 million in April after plunging by 4.9 percent to a rate of 5.21 million in March.

Existing home sales, which are tallied only when purchase contracts. rates are building blocks for the housing market. At 5.1 percent, the U.S. jobless rate is the lowest since April 2008. The.

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Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago, the 14th straight annual decrease. According to the NAR, there was a 10% drop from a year earlier in. WASHINGTON (Reuters) – U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has.

Economists polled by Reuters had forecast existing home sales rising 2.7% to a rate of 5.35 million units in April. Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago.