Existing Home Sales Rising at Record Pace, Well Past the Recovery Phase

Existing Home Sales Rising at Record Pace, Well Past the Recovery Phase

#home #sales #NAR US home sales rose at a record pace for a 2nd month running in July and home prices hit a record as historically low interest rates boosted demand for homes even as the C-19 coronavirus chaos put millions of out of work. The National Association of Realtors (NAR) said Friday existing home […]

US Existing Home Sales Up by Record 20.7% After Slumping for 3 Months

US Existing Home Sales Up by Record 20.7% After Slumping for 3 Months

#home #sales #prices #inventory #FHFA #NAR #work #C19coronavirus Existing home sales rose by 20.7% M-M in June to a seasonally adjusted annual rate of 4.72-M That is the largest monthly increase on record, although the seasonally adjusted annual rate of existing home sales is still 18% lower than where it stood in February. The Key […]

Rates Rise, US New-Home Sales Fall 10% to 10-Month Low

Rates Rise, US New-Home Sales Fall 10% to 10-Month Low

Rates Rise, US New-Home Sales Fall 10% to 10-Month Low $DIA, $SPY, $QQQ, $VXX Purchases of new US homes fell in December to a 10-month low, suggesting the post-Election rise in mortgage rates pushed out potential buyers. Single-family house sales dropped 10.4%, the most in nearly 2 years, to a 536,000 annualized pace, the US […]