Existing-home sales plummet 15.3% in May

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Much like the existing home sales report monday, this report will result in optimistic headlines, but the devil is in the details. Click below to view the chart. New homes on the market were unchanged.

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Existing U.S. Home Sales Pace Down 15.3% Year-Over-Year In May June 21, 2011 The pace of seasonally adjusted existing-home sales in the U.S. fell 3.8 percent from a downwardly revised 5.00 million in April to a 4.81 million pace in May , down 15.3 percent on a year-over-year basis.

New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce Department said Thursday. The report also revised down the May sales rate to. straight.

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And home sales increased 15.3% from April to May – the second-highest April-May jump in report history. Home sales were up 0.4% over May 2018 – the first year-over-year gain since July 2018.

Existing-home sales plummet 15.3% in May HousingWire Posted on June 22, 2011 by Fred Price, VP of Marketing and Reo Mitigation via Existing-home sales plummet 15.3% in May HousingWire .

WASHINGTON (AP) – U.S. home sales cratered in December, causing price growth to slip to the lowest level in more than six years as the housing sector ended 2018 on a decidedly weak note. The National Association of Realtors said Tuesday that sales of existing homes plunged 6.4 percent to a seasonally adjusted annual rate of 4.99 million last month, the worst pace in almost three years.

The National Association of Realtors says that existing home sales fell. sales should steadily improve to healthier levels of above 5 million by spring of next year." Compare that to what he said.

This means the corner may finally be turning for contractors. Nationally, new home sales increased 15.3% year-over-year in November as supply fell to 4.7 months from 5.7 months. existing home sales.

Home sales surged last month in Southwest Florida as buyers finalized deals at the end of the peak selling season. Buyers closed on 1,685 existing single-family homes during May in the.

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