Existing-home sales plummet 15.3% in May

The housing bears were right: existing home sales fell off a cliff. the home buyer tax credit expired. Since May, after the deadline, contract signings have been notably lower and a pause period.

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Existing home sales in July plummet 27 percent, and more bad numbers are expected to follow. Sections.. This transcript has been automatically generated and may not be 100% accurate.

Sales of previously-owned homes snapped a two-month losing streak and rebounded smartly in May, but are still well below year-ago levels.

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 · New Home Sales Plummet. By Gina Pace. new homes have fallen in four of the past five months with the sales rate of 1.08 million units the slowest pace since May 2003.

 · September Existing Home Sales Plummet 4% October 20, 2018 The National Association of Realtors (NAR) reported Friday morning that the seasonally adjusted annual rate of existing home sales in September fell to a seasonally adjusted annual rate of 5.15 million.

October home sales in Illinois rose 15.3% from a year earlier with 8,536 homes sold, compared to 7,402 sales in October 2010.

Existing Home Sales - Economic Insights Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, fell 3.8 percent to a seasonally adjusted annual rate of 4.81 million in May from a downwardly revised 5.00 million in April, and are 15.3 percent below a 5.68 million pace in May 2010 when sales were surging to beat the.

Pending home sales in the South grew 2.6% to an index of 126.9 in December, 4.0% higher than last December. The index in the West rose 1.5% in December to 101.7, 3.1% below a year ago.

Home remodeling activity continues ascension: BuildFax Remodeling activity appears to be recovering, and spending is. With the BuildFax Rebenchmarking, there is Greater Consensus in the Estimates of the Health of the home 10% improvement market percent change in Q4-201 1 as compared to Q4-2010. Home Equity Lending Continues to Ease Home equity lines of credit and loans amount outstanding at.

 · After two consecutive months of increases, existing-home sales declined in the month of December, according to the National Association of Realtors®. None of the four major U.S. regions saw a gain in sales activity last month. US Existing home sales. december 4.99 million vs 5.24 Million expected; December MoM -6.4% v -1.5% expected.

Existing-home sales retreated in March, following February's surge of sales.. in sales, with the Midwest enduring the largest decline last month.. great time for those buyers who may have been waiting to make a purchase.”.

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Home Sales Canada: CREA Says Resales Down 15.3% In Past Year, Up Since February. but were down 15.3 per cent from last year.. Newsletters may offer personalized content or advertisements.