Existing home sales adult 6.5% as housing recovers

Existing home sales rose 6.5% in July, reaching their top turn in scarcely 4 years, a National Association of Realtors pronounced Wednesday. Homes sole during a 5.39 million seasonally practiced annual rate, a organisation said, handily violence economists’ forecasts of a 5.15 million sales pace. The sales rate was adult 17% from a same month […]

Pending home sales tumble somewhat in July

Signed contracts to buy homes fell in Jul as aloft debt seductiveness rates slowed a market, according to a National Association of Realtors. The tentative home sales index declined declined 1.3% in Jul from June, though was 6.7% above year progressing levels, a organisation conspicuous Wednesday. “The medium decrease in sales is not nonetheless concerning,” […]

July existing-home sales strech four-year high

“The distance of a boost was a surprise,” given a series of people requesting for mortgages has forsaken neatly given rates began to arise in early June, pronounced Patrick Newport, an economist during IHS Global Insight. Sales are expected to “plunge” in Aug to equivalent July’s surge, he said. Mortgage rates have been rising usually […]

Rising debt rates strike home affordability

A sale tentative pointer is posted in front of a home for sale in San Anselmo, Calif.(Photo: Justin Sullivan, Getty Images) SHARECONNECT 74 TWEETCOMMENTEMAILMORE The many talked-about liberation of a housing market, that has buoyed home sales adult from retrogression lows, has come about by involvement from a Federal Reserve, record low seductiveness rates, and […]

Pending home sales top in some-more than 6 years

By Paige Gance WASHINGTON | Thu Jun 27, 2013 10:03am EDT WASHINGTON (Reuters) – Contracts to squeeze formerly owned U.S. homes rose in May to a top turn in some-more than 6 years as buyers rushed to a marketplace to close in deals before seductiveness rates stand higher. The National Association of Realtors pronounced on […]

Pending home sales in May strike six-year high

Developers have sealed squeeze contracts for 7 of a initial 11 new homes built or underneath construction on Brooks Court in a 19th Ward.(Photo: Jim Goodman staff photographer) WASHINGTON (AP) — The series of people who sealed contracts to buy U.S. homes jumped in May to a top turn in some-more than 6 years, suggesting […]

First-time buyers losing out as home sales rise

Existing-home sales fell 0.6% in Mar from February.(Photo: Kevork Djansezian, Getty Images) U.S. home prices have risen for 14 loyal months, though one set of buyers has been increasingly on a sidelines: first-time home buyers. In May, first-time buyers accounted for 28% of existing-home purchases, down from 34% a year before and 36% dual years […]

May home sales adult 4.2%; median cost adult 15.4%

A “Sale Pending” pointer is seen in front of a home in Miami.(Photo: Joe Raedle Getty Images) Existing home sales softened in May though a supply of homes for sale stays parsimonious — that isn’t good news for buyers, a National Association of Realtors pronounced Thursday. Total existent home sales increasing 4.2% to a seasonally […]

Pending home sales strike three-year high

WASHINGTON | Thu May 30, 2013 10:05am EDT WASHINGTON (Reuters) – Contracts to buy formerly owned U.S. homes rose to their top turn in 3 years in April, though a necessity of properties for sale could delayed down a momentum. The National Association of Realtors pronounced on Thursday a Pending Home Sales Index, formed on […]

Lean inventories reason behind tentative home sales

By Lucia Mutikani WASHINGTON | Wed Mar 27, 2013 2:16pm EDT WASHINGTON (Reuters) – Contracts to buy formerly owned U.S. homes fell in February, hold behind by a necessity of properties, though there is small to advise that a housing market’s liberation is stalling. The National Association of Realtors (NAR) on Wednesday pronounced a Pending […]