Existing home sales rebound in July

Existing home sales bounced back by 7.6% in August after plunging in the previous month, according to a real estate industry report released Thursday.

Clear Capital: Price recovery in most housing markets will slow down The US housing market is seen by many as the root cause of the financial crisis. Since the late 1990s, house prices grew rapidly in response to a number of contributing factors

Sales of existing homes were up strongly from June in the West, among the weakest regions in prior months, but were down in every other region – especially in the Northeast. The median (seasonally adjusted) price of existing homes sold in July was $257,200, up 4.5 percent from a year ago and 0.8 percent from June, the first monthly gain after.

has released its latest Ten-X Residential Real Estate Nowcast which projects a rebound in existing home sales for March following a rash of regulatory and weather-related closing delays. According to.

Sales of existing U.S. homes fell in March after a huge gain. The drop followed an 11.2 percent gain the previous month, the largest in more than three years. Home sales are struggling to rebound.

The median forecast of 28 economists surveyed by bloomberg called. gap between the plunge in sales of previously owned houses and much smaller decline in pending purchases suggests that demand for.

New-Home Sales Rebound in July.. The National Association of Realtors said last week that sales of existing homes rose 2 percent last month to a seasonally adjusted annual rate of 5.59 million.

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For existing home sales, the falling interest rates have roughly coincided with a rebound in the U.S. real estate market. We’ll take a tour through individual states in the U.S. Census’ South.

US existing homes sales fell in July for the second straight month as high prices and tight supply kept would-be homeowners from signing on the dotted line, industry figures showed Thursday. The National Association of Realtors said prices continued to rise faster than incomes in much of the United

Washington (AFP) – The US housing market, a bright spot in the economy, showed resilient growth in September as existing-home sales rebounded even as tight. following a 0.5 percent rise in July,

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Existing-home sales fell 4.9 percent in March to a seasonally adjusted annual rate of 5.21 million, according to the latest data from the National Association of Realtors (NAR). After a small rebound.

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A real estate agent shows prospective home buyers the backyard of a house for sale in Dunlap, Ill. real estate industry will need more than a drop in mortgage rates to rebound, as a lack of.