Fannie Mae: Consumer spending growth to pick up in Q2 WASHINGTON, June 19, 2017 /PRNewswire/ — The current economic expansion, now entering its ninth year, is forecast to continue, with full-year growth at 2.0 percent for 2017, according to the Fannie.
· Existing-home sales in the South decreased 1.7 percent to an annual rate of 2.30 million in December, but are still 3.1 percent higher than a year ago.
· February sales remain 2.2% higher than February 2015. Economists predicted a decrease of existing home sales of 2.8%. In January, sales hit the fastest pace of the previous six months. February’s decline was especially sharp in areas with extreme weather; sales fell 17.1% in the Northeast and 13.8% in the Midwest.
Ten-X’s Residential Real Estate Nowcast shows that existing-home sales for January 2016 are expected to fall between 5.13 and 5.46 million annual sales, with a targeted number of 5.29 million.
adjusted existing home sales and a month over month increase in median sales prices. Severe winter weather likely contributed to the decline in both the number of sales and median sales prices that occurred, month over month, in the Northeast and Midwest (see Figures 8 and 9).
FHFA: Average mortgage interest rates decrease in May Foreclosure pipeline drains out senate bank chair weighs sweeping gse, mortgage lending overhaul His struggles are common in the rancho buena vista development and throughout this suburb that pushes up against the desert, where as many as 80 percent of homeowners have slipped "underwater," owing.How to Clean an AC condensation drain line By: Jodi Marks.. Every video that I looked at the draining pipe was out side and it gets unclogged with a vacuum, I circled the and couldn’t find a pipe, I looked everywhere couldn’t find it. The only pipe is inside my garage attached to the.Read More Signs of life in the home-equity loan market The average contract interest rate for 30-year. The government mortgage insurer, the Federal Housing Administration (FHA), also announced a.
In December, US existing-home sales cratered to 4.99 million. year-over-year declines of 7.8% in November and 5.1% in October. Home sales dropped in every month in 2018 except February, but the.
Slowing economy will dampen home remodeling considerably in the next year In addition, lower oil prices will cut gains in the services sector in half this year. The construction industry will remain a bright spot in Regina’s economy. Construction output in the city is set.
· Existing-home sales in the West declined 1.6 percent to an annual rate of 1.20 million in December, and are now 0.8 percent below a year ago. The.
Joel Kan, associate vice president of Industry Surveys and Forecasts for the Mortgage Bankers Association (MBA), said, "Existing-home sales decreased in January and have now fallen year-over-year for five straight months. January’s weak sales pace was likely the result of the lingering effects of stock market volatility and lower consumer confidence toward the end of 2018.
Another factor likely to exert. Already in the US, existing home sales trickled lower again in January, according to the National Association of Realtors (NAR). Feedstock propylene’s fourth.
Existing Home Sales Weak in January, But Have Likely’ Reached a Low The sale of existing homes fell to a seasonally adjusted annual rate of 4.94 million, or.
· Existing-home sales floundered in August, posting higher than one year prior but lower than in July, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.35 million, a 1.7 percent decrease from July but a 0.2 percent increase from one year prior. inventory decreased 2.1 percent to 1.88 million, 6.5 percent below one year [.]