Existing-home sales fall to three-year low, miss estimates

Existing-home sales fall to three-year low, miss estimates

Existing Home Sales Miss Estimates The existing home sales report doesn’t matter to GDP, but it is important because most homes sold are in this category. As you can see from the chart below, sales of 5.19 million in April fell slightly from 5.21 million which missed the low end of the expected range which was 5.25 million.

U.S. Existing Home Sales Fall to Three-Year Low, Miss Estimates An "Open House" sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Photographer: Ty Wright/Bloomberg

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Existing home sales, with account for most transactions in the market, were little changed in January, according to estimates ahead of data due Thursday. The pace of sales had dipped to a three-year low the prior month despite rising inventory and slower price gains..

With refinancing near a three-year high, he reckons that. led with the biggest gain in September, with sales surging 42 percent and topping the 36 percent average estimate of eight analysts.

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Homebuilders Fall to 10-Month Low on Sales Data, Earnings Miss (Michael Flippo/Dreamstime). Blame that on disappointing economic data and earnings reports that trailed estimates.. That added to pessimism that appeared Tuesday when data showed existing home sales dropped for the third month.

Risk Controls at Santander, Deutsche Fall Short in Fed’s Eyes – "That the Fed approved our capital plan is an important step forward in building a U.S. organization that drives profitable growth and meets the expectations of our regulators," Burke said.. Treasury’s point man on GSE reform stepping down. Economy. May 16, 2019 / by Lindsay.

 · Sales of previously owned U.S. homes rebounded in May to a three-month high as all regions gained amid lower interest rates and a labor market that remains strong. Contract closings rose to 5.34 million annual rate, topping projections and climbing 2.5% from April’s upwardly revised pace, the National Association of Realtors said Friday, June 21.

 · It’s one thing to miss estimates on sales in a given quarter, as many retailers did.. Both LOW and Home Depot Inc. and existing home sales for.

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Existing-home sales fall for third-straight month, hit a 3-year low Posted on 02/21/2019 The numbers: Existing-home sales ran at a 4.94 million seasonally-adjusted annual rate in January, the National Association of Realtors said Thursday.

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Near-record low mortgage rates and reduced credit barriers are not stimulating sa. Existing Home Sales Miss Street Estimates – Underlying Data Still Bearish. evaluated over a three-year.

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