Existing-home sales fall to three-year low, miss estimates
Looking at the issues that surrounded investors in the last three months, it was easy to fall into the latter of. the weakest since May 2015 at 54. Existing home sales fell 1.2% in January to 4.99.
Last month saw existing home sales fall to a three-year low while growth in housing prices slipped to its lowest level in more than six-years, putting homebuilder ETFs in focus. HD LEN PKB XHB ITB.
Pending Home Sales for June 2019 will be released on Tuesday, July 30, 2019 at 10:00 a.m. Eastern. The NAR Public Affairs Office issues a news release on or near the 25th of each month with the latest existing-home sales figures.
Starwood’s Sternlicht says real estate health tied to tech Mortgage applications drop for second consecutive week · mortgage applications fell for the fourth straight week, according to new data from the Mortgage Bankers Association (MBA) for the week ending April 26. The market composite index dropped by 4.3 percent on a seasonally adjusted basis from one week earlier while the unadjusted index was down by four percent.