Existing-home sales plummet 15.3% in May

Home Sales Canada: CREA Says Resales Down 15.3% In Past. – The Canadian Real Estate Association reported Monday that existing home sales in the 26 municipal markets it tracks rose a seasonally adjusted 2.4 per cent in March over the previous month, but.

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The US dollar faces heavy event risk today with durable goods orders, existing home sales, and the Fed’s Beige Book scheduled to be released. Durable goods orders and the housing data are both.

Existing Housing Sales Plummet – 4 Points. May 22, 2019. April sales were down 4.4% from a year earlier. This is the 14 month in a row where sales are worse year over year. The loss of property tax deductions and wariness of younger buyers are big factors.

Existing home sales misses estimates Existing-home sales plummet 15.3% in May lengthy foreclosure timelines carry hidden costs for homebuyers Foreclosure timelines for private-label residential mortgage-backed securities loans backed by properties in California and Nevada, two non-judicial foreclosure states, will remain lengthy over.Existing Home Sales Plummet By Double Digits In december. nar downplays effect Of Government.

New-Home Sales Plummet 32.7% in May. The median price of a new-home in May was $200,900, compared to $179,600 for an existing home. Alison Rice is senior editor, online, at BUILDER magazine.

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Monday Morning Cup of Coffee: Mortgage rates to set more record lows Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million Moody’s: Ocwen’s servicer ratings no longer on verge of downgrade Japan had its credit rating downgraded yesterday as it became the latest developed economy to fall foul of ballooning debts. ratings agency moody’s cut the world’s third biggest economy by one.But in the fourth quarter, Altisource reported a net loss of $1.5 million, compared to net income of $35.5 million in the same time period in 2013. The company. out consideration of up to an.CoreLogic released its predictions for 2019, outlining several factors that will be making economic news in the new year.. CoreLogic Chief Economist Frank Nothaft explained that economic growth only needs to last seven more months in order to set the record for the longest economic expansion in U.S. history, based on business cycle dates going back more than 160 years.2018 Women of Influence: Maria Moskver  · ”Typically, with women you get this gendered language that is a lot more expressive,” Fox says. “Women are socialized through language to be nice, to be nurturing, to be sensitive to other.

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.

The Department of Housing and Urban Development and the U.S. Census Bureau had more good news for housing this morning. Sales of newly constructed single-family houses increased by 4.4 percent in.

CFPB policy director to head external relations at FHFA The Federal Housing Finance Agency has hired three new senior advisors as its new. Attorney New head of FHFA says Fannie Mae and Freddie Mac can be released without Congressional consent | 2019-05-08

After seeing gains in previous months, existing home sales dropped suddenly in December, seeing double-digit losses from the year before. Both October and November saw gains in existing home sales, but that all changed in December, according to the latest Existing Home Sales report from the National Association of Realtors.