NAR existing home sales increase 2.1% in October

[BRIEFING.COM] The S&P 500 extends gains and now trades higher by 0.8%. The Russell 2000, meanwhile, trades higher by 0.3%. Just in, existing home sales increased 1.9% in November to an annualized rate of 5.32 million units ( consensus 5.20 million). The October.

For example, the National Association of Realtors forecasts that existing home sales will increase 1.6 percent from 2016 levels, while new single-family home sales will increase 9.8 percent nationally. These increases compound the corresponding 2015 and 2016 existing-home sales and new-home sales increases (see Table 1). Housing starts are.

The National Realtors Association reported today on existing-homes sales for the month of October, here are some highlights: Total existing-home sales in November for single-family homes, townhomes, condominiums and co-ops, rose 2.1% from October to a seasonally adjusted annual rate of 4.79 million units, and are 10.9% above sales in October 2011.

 · November’s sales declined by 6.1% from October, only slightly higher by 2.1% from the previous November. All regions tracked showed a decrease in the number of sales, though prices were up slightly. It takes approximately 65 days on average for a home to go from listing to contract, slower than the 56 days from the year before.

Sales of existing homes rose to an adjusted annual rate of 5.26 million in October, the highest pace since September 2013. That’s according to the National Association of Realtors, which attributed.

Existing-home sales. million last month from 5.5 million in October, according to the National Association of Realtors (NAR). ADVERTISEMENT After last month’s increase, which was better than.

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Lawrence Yun, NAR. sales activity rise for the first time since March 2018." Total housing inventory 3 at the end of October decreased from 1.88 million in September to 1.85 million existing homes.

 · US existing home sales increase more than expected. September’s sales pace was revised down to 5.37 million units from the previously reported 5.39 million units. Economists polled by Reuters had forecast home sales rising 0.7 percent to a 5.42 million-unit rate in October. The NAR said sales in Houston and Jacksonville,

 · Sales of previously owned U.S. homes unexpectedly climbed in October, showing record-low mortgage rates are helping spur the world’s largest economy. Purchases of existing houses increased 2.1.

Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to a report released Thursday, Nov. 20, 2014 by the National Association of Realtors (NAR).

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