The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year’s dismal figures — the worst in 13 years.
The National Association of Realtors said Thursday that home sales dropped 3 percent last month to a seasonally adjusted annual rate of 4.91 million homes. That’s below [...] [...]
More people bought previously occupied homes in January. But the increase was driven by rising foreclosures and all-cash purchases by investors, while the number of first-time buyers shrank.
Prices sank to their lowest levels in nearly nine years, a troubling sign for the struggling housing sector.
Sales of previously occupied homes rose slightly to a seasonally adjusted [...] [...]
More people purchased new homes in November, though not enough to signal better times are ahead for the battered housing industry.
Sales of new homes rose 5.5 percent last month to a seasonally adjusted annual rate of 290,000 units, the Commerce Department reported Thursday. That’s less than half the rate that economists consider healthy. And the [...] [...]
The number of people who signed contracts to buy homes fell in September after two months of gains, a possible fallout from foreclosure moratoriums which have disrupted activity in the housing market.
The National Association of Realtors said Friday that its index of sales agreements for previously occupied homes dropped 1.8 percent in September to a [...] [...]
The Mortgage Bankers Association forecasts that home sales will rise slightly in 2011 but won’t really gather momentum until 2012.
The industry group’s latest report released this week predicts existing-home sales — forecast to be about 8 percent lower this year than last, are expected to grow by less than 2 percent next year before rebounding [...] [...]
Home construction rose slightly last month on the strength of single-family homes, but the market was still too weak to propel growth in the battered industry.
Construction of new homes and apartments rose 0.3 percent in September from a month earlier to a seasonally adjusted annual rate of 610,000, the Commerce Department said Tuesday. It was [...] [...]
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales in more than a decade.
Sales rose 7.6 percent in August from July to a seasonally adjusted annual rate of 4.13 million, the National Association of Realtors said Thursday. Sales were down 19 percent from [...] [...]
The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year’s levels, a sign that demand for housing remains weak.
The National Association of Realtors said Thursday its seasonally adjusted index rose 5.2 percent from a month earlier to a reading of 79.4. Economists surveyed by [...] [...]
Sales of previously occupied homes plunged last month to the lowest level in 15 years, despite the lowest mortgage rates in decades and bargain prices in many areas.
July’s sales fell by more than 27 percent to a seasonally adjusted annual rate of 3.83 million, the National Association of Realtors said Tuesday. It was the largest [...] [...]
Sales of existing homes fell for a third straight month in February, pushing sales down to the lowest level since last July. There is concern the fragile housing rebound is faltering, making it harder for the overall economy to recover.
The National Association of Realtors said today that sales of previously occupied homes dropped 0.6 percent [...] [...]