Existing home sales fell 2.6 pct in April
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The pace of existing home sales in the United States in April fell to their lowest since June 2003 while inventories swelled, the National Association of Realtors said in a report on Friday that showed more weakness than analysts had expected.
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US sales of previously owned homes probably held at a 6.75 million annual rate last month, down from a record reached earlier this year, economists forecast an industry report today will show.
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WASHINGTON -- Sales of existing homes dropped for a fifth straight month in July, falling to the slowest pace in nearly five years, while home prices fell for a record 12th consecutive month.
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Sales of existing homes fell for a fourth straight month in June and even a small increase in home prices was not enough to lift the gloom surrounding the housing industry.
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The pace of existing home sales in  the United States fell in June to a lower-than-expected 5.75  million unit annual rate while prices and inventories showed  signs of stabilizing, the National Association of Realtors said  in a report Wednesday.
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The National Association of Realtors reports sales of previously owned US homes fell 2.9 percent in July. The Realtors said resales in July fell to 6.72 million single-family
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The number of existing homes sold also fell, suggesting that the sharp decline in home sales seen earlier this year has for now leveled off.
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The beleaguered housing industry is sending mixed signals, with sales of new homes surging in April by the biggest amount in 14 years while prices endured a record plunge
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The pace of sales of existing homes  in the United States fell 1.2 percent in May, roughly in line  with expectations, according to a report from the National  Association of Realtors said on Tuesday.
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Sales of new U.S. homes rose 16.2 percent in April, the sharpest climb in fourteen years, while prices fell a record 11 percent, according to a government report on Thursday that showed home builders taking extraordinary steps to move houses.
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WASHINGTON -- Sales of existing homes plunged by a record amount in September as turmoil in mortgage markets added more problems to a housing industry in its worst slump in 16 years.
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Sales of new US homes fall 23%, in the latest indication of the downturn in the housing market.
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Pending sales of existing U.S. homes in May unexpectedly fell to their lowest level in more than 5-1/2 years, data from a real estate trade group showed on Tuesday in a sign of continued weakness in the housing sector.
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House prices across the nation declined by 3.2 percent in the second quarter from a year earlier, suggesting the housing downturn has deepened, according to the S&P/Case-Shiller U.S. National Home Price Index.
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WASHINGTON -- Sales of existing homes fell more than expected in April while prices slid for a record ninth consecutive month, indicating further troubles ahead for the housing market.
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The pace of sales of existing homes  in the United States fell 1.3 percent in June to their slowest  pace since January, the National Association of Realtors said  on Tuesday.
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WASHINGTON -- Reflecting further housing troubles, sales of existing homes fell in May to the lowest level in four years while the median home price dropped for a record 10th consecutive month.