Home sales and capital goods orders both declined in May due to lingering inflation and high interest rates, Bloomberg reported. Capital goods shipments dropped by 0.5 percent, the sharpest dip in three months.
Tag: Home Sales
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HOME SALES FELL AGAIN IN MAY
In May, 409,759 homes were sold in the U.S., the third-lowest monthly number in the past 10 years.
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PENDING HOME SALES FALL TO THEIR FEWEST IN FOUR YEARS
In April, the number of signed contracts for the purchase of existing homes fell 7.7 percent compared to March, plunging to its lowest volume since April 2020 at the beginning of the COVID War, the National Association of Realtors (NAR) reported.
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SALES OF EXISTING HOMES FELL IN MARCH
Last month, sales of previously owned homes declined 4.3 percent compared to February and 3.7 percent year on year, the National Association of Realtors (NAR) reported.
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2023 HOME SALES WEAKEST SINCE 1995 BUT SELLING PRICES SET RECORD
In 2023, 4.09 million existing homes sold, the fewest since 1995, the National Association of Realtors (NAR) reported.
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PENDING HOME SALES CRASH TO RECORD LOW
Homes under signed contracts for sale slipped 1.5 percent in October from September as the traditional home-buying season ended, the National Association of Realtors (NAR) reported.
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HOME SALES SLOWEST SINCE 2010: WHAT’S NEXT?
In October, the pace of U.S. existing home sales dropped 4.1 percent from September to 3.79 million, the least in any month since August 2010, the National Association of Realtors (NAR) announced. Sales for the month were 14.6 percent fewer than those in October 2022.
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HOME SALES FALL TO SLOWEST PACE SINCE 2010
In September, home sales fell 2 percent from August and reached their lowest annual pace since October 2010, sunk by steadily rising interest rates through this year. Sales for the month declined 15.4 percent from the same month in 2022.
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HOME SALES, STARTS FALL IN AUGUST
Sales of existing homes slipped 0.7 percent in August from July and fell 15.3 percent from August 2022, setting their slowest pace since January, the National Association of Realtors (NAR) reported.
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HOME SALES, PRICES SLIP IN JUNE: CRASH COMING?
Sales of existing homes, which normally make up most of the housing market, dropped 3.3 percent in June from May to 4.16 million units, down 18.9 percent from a year earlier and the slowest sales pace since January, the National Association of Realtors reported.