Sales of existing homes unexpectedly fell in January

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CANADA: Retail sales unexpectedly fell by 0.5% in December, with 9 of the 11 major subsectors registering declines, including a 0.9% drop for automobiles. Excluding autos, sales retreated 0.3% as.

In February 2007, existing home sales peaked at an annual rate of 5.79 million. Prices had already begun falling in July 2006, when they hit $230,400. Some said it was. In January 2007, new homes prices peaked at $254,400. Even though each. Thanks to these speculators, markets can decline suddenly. For these.

 · The National Association of Realtors reported that pending US existing home sales fell unexpectedly in January. According to NAR, the index of purchase agreements fell 7.6 percent in January, after a 0.8 percent increase in December.

U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties. The National Association of Realtors said existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.

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January existing home sales fall by 5.3 percent – The San. – Sales of existing homes unexpectedly plunged in January to the lowest level in nearly 12 years as pessimism about the economy grew and buyers waited for President Barack Obama’s plan to help.

January existing home sales fell 3.2 percent from December to 5.38 million units at a seasonally adjusted annual rate (saar), their largest monthly drop in two years. The decline was driven by a sharp drop in single-family home sales in the West – arguably the country’s most supply-constrained region – and in the Midwest.

Sales of Existing U.S. Homes Unexpectedly Fell in January. – Median sales price increased 5.8% y/y to $240,500 Inventory of available properties fell 9.5% y/y to 1.52m, lowest for January since records began in 1999. Sales growth is limited by an acute shortage of inventory, which is pushing up home prices faster than wage growth.

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Thousands of owners of homes and small apartment buildings have. For Sale; For Rent. $60,000 in construction funds after a second mortgage fell through, but that her assessors were fairly applying existing state property tax law.. Under the new assessments released in January, she will become.

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