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US home sales

US home sales slowed in March

US home sales slowed in March

Published 20 Apr, 2023 07:23pm
WASHINGTON: Sales of existing homes in the United States slowed in March, the Commerce Department said Thursday,...
US existing home sales drop sharply; prices surge

US existing home sales drop sharply; prices surge

Published 22 Mar, 2021 09:11pm
  • The National Association of Realtors said on Monday that existing home sales dropped 6.6% to a seasonally adjusted annual rate of 6.22 million units last month.
  • Warmer temperatures, an acceleration in the pace of COVID-19 vaccinations and massive fiscal stimulus are expected to spur a sharp rebound in activity in March.
US pending home sales decline in January

US pending home sales decline in January

Published 25 Feb, 2021 08:07pm
  • The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on contracts signed last month, dropped 2.8% last month to 122.8.
  • Monthly contracts declined in the Midwest, Northeast and West. They inched up in the South.
US existing home sales unexpectedly rise in January

US existing home sales unexpectedly rise in January

Published 19 Feb, 2021 08:59pm
  • Home resales, which account for the bulk of US home sales, surged 23.7% on a year-on-year basis.
  • The inventory crunch could ease as builders step up construction, though they are facing challenges from record lumber prices as well as shortages of land and labor.
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