U.S. existing home sales fall for second straight month

U.S. homeownership at 18-year low The National. had expected a 4.99 million annual rate. The numbers for the second straight month went against the increase in pending home sales, again showing the.

The second straight. month, with purchases declining in all four regions. Economists polled by Reuters had forecast home sales rising 0.9 percent to a rate of 5.60 million units in January..

U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time buyers out of the market.

The National Association of Realtors said on Wednesday existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month after hitting. Lennar Corp, the.

WASHINGTON (Reuters) – U.S. home resales. Stripping out Houston, existing home sales would have been unchanged in August, the Realtors group said. Home resales in the South tumbled 5.7 percent last.

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Americans reduced home buying for the second straight month in August, suggesting the housing market might be stumbling due to a run-up in prices, an inventory shortage and persistent doubts about.

U.S. home resales unexpectedly fell in August, crimped by a shortage of inventory that is boosting home prices faster than the pace of wage growth. existing home sales fall for Second Straight.

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Economic Report: Existing home sales fall for the second straight month in April The numbers: Existing-home sales ran at a seasonally adjusted annual 5.19 million rate in April, the National Association of Realtors said Tuesday .

WASHINGTON (Reuters) – U.S. home sales fell for a fourth straight month in July as a shortage of properties on the market pushed up house prices, likely sidelining some potential buyers.

 · The annual declines in sales pace for both new and existing homes are important, and while much attribution for it is due to extremely tight supply, there’s more than that at play today.

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Shortage of cheaper houses stifles U.S. homes sales. By Lucia Mutikani. WASHINGTON, May 21 (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage.

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