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U.S. existing home sales fall for second straight month

 · U.S. existing home sales fall for second straight month U.S. home sales fell for a second straight month in April amid weakness in the lower-priced segment of the market, which is suffering from an acute shortage of properties. Front Page .

Shortage of cheaper houses stifles U.S. homes sales. By Lucia Mutikani. WASHINGTON, May 21 (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage.

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Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4 per cent from a year ago, the 14th straight annual decrease. According to the NAR, there was a 10 per cent drop from a.

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Existing home sales rose for the second-straight. month’s sales rate also beat economists’ median forecast of 4.73 million in Action Economics’ survey. "The long-awaited spring bounce in home sales.

WASHINGTON (Reuters) – U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time.

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Sales rose in the Northeast and Midwest. They fell in the West, which has seen a sharp rise in prices, and the South, where most of the homes are sold. Existing home sales, which make up about 90 percent of U.S. home sales, dropped 2.2 percent from a year ago in June. They have declined on a year-over-year basis for four consecutive months and.

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WASHINGTON (Reuters) – U.S. sales gaining 0.9 percent to a rate of 5.57 million units last month. The NAR report followed data on Wednesday showing a 9.4 percent drop in sales of new single-family.

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By Lucia Mutikani. WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was.

U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter. The unexpected drop in sales reported by the National