Existing home sales fell 8 percent in September
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Sales of previously owned homes fell 8.0 percent in September to a record low 5.04 million unit pace amid troubles in the subprime mortgage and credit markets, the National Association of Realtors said on Wednesday.
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The average price of existing US homes shows its first annual decline in more than 11 years, a report shows.
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U.S. manufacturing growth eased in  September to its slowest in more than a year, but home sales  and construction figures suggested a less abrupt decline in the  housing sector than many experts had foreseen.
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Resales of U.S. homes fell 2.7  percent in August, decreasing more than expected as mortgage  interest rates picked up in the early summer, a trade  association report showed on Friday.
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Sales of existing U.S. homes fell  more than expected in July, as the housing market took a  breather from its record-toppling run, a trade association  report showed on Tuesday.
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OTTAWA (CP) - Housing starts fell in September to a seasonally adusted annual rate of 231,000 units from 241,100 in August, Canada Mortgage and Housing Corp.
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WASHINGTON -- A trade group for real estate agents on Tuesday lowered its forecast 2007 existing home sales for the eighth-straight month, predicting a drop of 8.6 percent from last year.
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U.S. homebuilder optimism sank for an  eighth consecutive month in September to the lowest level in  more than 15 years, with a surge in the backlog of unsold homes  putting development on ice, an industry survey showed on  Monday.
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WASHINGTON - Sales of existing homes plunged a record amount in September while median home prices dropped by the largest amount in nearly a year, reflecting deepening problems in the troubled housing market.
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U.S. homebuilder optimism sank for an   eighth consecutive month in September to the lowest level in   more than 15 years, with a surge in the backlog of unsold homes   putting development on ice, an industry survey showed on   Monday.
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WASHINGTON - New home sales posted an unexpected increase in September. Analysts, however, viewed the small gain as highly questionable given the severe credit crunch that rocked the housing industry this summer. They predicted further sales declines before the worst housing slump in more than two decades comes to an end.
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More good news for home buyers today. Sales of existing homes fell in 38 states over the summer, with steep declines in the once sizzling states of Florida, California, Nevada and Arizona as the national housing market showed yet more signs of cooling off.
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Sales of existing U.S. homes fell more than expected in July, as the housing market took a breather from its record-toppling run, a trade association report showed on Tuesday.
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RISMedia, Oct. 26, 2004 - Sales of existing single-family homes were back up again in September after two consecutive monthly declines, according to the National Association of RealtorsÂ®.
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The pace of existing home sales in   the United States fell for a fifth straight month in August and   prices dropped from year-ago levels for the first time in more   than 10 years, a realtors group said on Monday.
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Home builder sentiment fell for a seventh straight month in September as tougher mortgage requirements hindered sales from bloated inventories, the National Association of Home Builders said on Tuesday.
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U.S. manufacturing growth eased in September to its slowest in more than a year, but home sales and construction figures suggested a less abrupt decline in the housing sector than many experts had foreseen.