The Pending US home sales fell 1.9% in June, disappointing the expected 0.3% rise. On a positive note, the data for May has been revised upwards, rising from 8% to 8.3%. Year-on-year, home sales have also decreased by 1.9% after growing 13.1% the previous month. “Pending sales have fluctuated since January, indicating a turning point […]
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New Home Sales Fall for the Second Month in a Row in May
The New home sales in the United States fell 5.9% in May, registering the second consecutive fall after falling 7.8% in April. In total, the number of new sales stood at 769,000 compared to 817,000 the previous month, without achieving the 870,000 expected by experts. May’s is the lowest number of home sales seen in […]
Home Starts Up Less Than Expected in May, Building Permits Down 3%
The May US Home and Building Permits Home Report Absolute Figures Below Expectations. The building permits in May they reached 1.681 (annual rate) below the 1.73 million expected. This implied a fall of 3%. For their part, housing beginnings were 1,572 million, lower than the 1.63 million of the market consensus. The dollar did not […]
Pending home sales disappoint with a 4.4% drop in April although the annual indicator rises 51.7%
The Pending U.S. home sales fell 4.4% to 106.2 in April, disappointing the 0.8% rise expected by the market. In March the indicator increased 1.7% (revised from 1.9%). Pending home sales took a step back in April, according to the National Association of Realtors®. All four U.S. regions posted year-on-year increases, but only the Midwest […]
US: Home prices rise as they did in the bubble years
Existing home sales declined modestly in April (-2.7%) showed data released on Friday. Wells Fargo analysts they warn that prices rose even more. They point out that houses are still selling very fast. Featured statements “Existing home sales fell 2.7% in April to a historically strong pace of 5.85 million units.” “We expect the number […]
Existing home sales disappoint with a 2.7% drop in April
The US existing home sales fell for the third month in a row in April. The indicator showed -2.7% after having registered -3.7% in March. The result disappoints the 2% increase expected by the market. In total, the number of existing home sales dropped to 5,850,000 from the previous 6,010,000, down from the 6,090,000 expected. […]
Housing starts plummet 9.5% in April
Data released Tuesday for the real estate sector was below expectations. After this the dollar extended the negative moment in the market. The Housing starts went from 1,733 million in March to 1,569 million in April (annual rate), below the 1.71 million of the market consensus. The building permits They also fell more than expected, […]
NAHB Real Estate Market Index remains at 83, in line with expectations
The NAHB real estate market index from the National Association of Home Builders it remained at 83 in May, in line with market expectations. The data had no impact on the market. Prior to this report, there had been a lower than expected decline in the Empire manufacturing index. . Donald WestbrookDonald-43Westbrook, a distinguished contributor […]
Stifled demand will push prices up – Bostic
The Suppressed demand in the United States will put upward pressure on pricesthe chairman of the Atlanta Federal Reserve said on Monday., Raphael Bostic, to CNBC, Reuters reported. The Fed official said that during the summer there will be many changes in the market and it will serve to see how quickly the economy recovers. […]
Pending Home Sales Up 1.9% in March, Below 5% Expected
The Pending U.S. home sales rose 1.9% month-on-month in March after falling 11.5% in February (revised from -10.6%). The result disappoints the forecast for a rise of 5%. Despite falling short of expectations, this is the first rise seen after two months of declines, and the largest increase recorded since last August. The Annual indicator […]