The Commerce Department’s report, released Wednesday, was the second. Realtors said sales of existing homes in July plunged to their lowest point in more than a decade. Sales were down 27.2 percent.

The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

If you look at the graph below, which shows monthly home sales back to 1997 with all the March values flagged in red, you will see that this March actually had the second highest sales. March would.

WASHINGTON (AP) – Fewer Americans signed contracts to purchase homes in May, as sales are being stifled by a shortage of properties on the market. The National Association of Realtors said Wednesday that its pending home sales index slipped 0.5 percent last month to 105.9, the second straight monthly decline.

Lawrence Yun, NAR chief economist, says this year’s spring buying season will go down as one of unmet expectations. "Pending home sales underperformed once again in May, declining for the second.

July 23, 2018. California home sales stumble in June as median price hits new high for second straight month, C.A.R. reports – Existing, single-family home sales totaled 410,800 in June on a seasonally adjusted annualized rate, up 0.4 percent from May and down 7.3 percent from June 2017.

Data ranging from pending home sales to. “probably the largest annual drop since the Great Depression.” But for the month of December the median home price rose 1.5 percent from a year earlier to.

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An index of pending home sales fell 0.4 percent to 104.8, the second-highest level since April 2010, after a revised 3.8 percent increase. rising property values may encourage more people to list.

The Dow Jones industrial average recorded its biggest one-day loss since May 31, falling 179 points, or 0.67%, to 26,548. The S&P 500 was off 0.95%, and the Nasdaq slipped 1.51%.

But last month new-home sales fell in every region, led by a 26.3 percent plunge in the West, the biggest drop there since October 2010. The median sales price of a new home slid 3 percent to.

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