Existing-home sales plummet 15.3% in May

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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.

And a housing.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.

Existing-home sales dropped 3.4 percent to a seasonally adjusted 5.15 million units in September, according to the National Association of Realtors’s monthly existing-home sales report, released.

The pace of seasonally adjusted existing-home sales in the U.S. fell 3.8 percent from a downwardly revised 5.00 million in April to a 4.81 million pace in May, down 15.3 percent on a year-over-year basis.

Existing-home sales plummet 15.3% in May Stacy Magee Contents Buyer tax credit Fourth-largest investment bank jpmorgan chase [stock Chase home finance unit 12 home sales High kerri ann.

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.

Existing home sales drop sharply, down 6.4 percent  · Analysts predict May will close on a down note for U.S. residential home sales and prices, but the National Association of Realtors believes it is a temporary situation that will improve in.

When compared to last year, May pending previously owned home sales jumped more than 15.3%. Pre-existing home sales are an important statistic to watch. Currently, about 93% of the housing market in.

Meanwhile, the median existing-home price for all housing types in May was $166,500, down 4.6% from May 2010. Distressed homes accounted for 31% of sales in May, down from 37% in April. Total housing inventory at the end of May fell 1.0% to 3.72 million existing homes available for sale, which represents a 9.3-month supply at the current sales pace, up from a 9-month supply in April.

Sharga: Several more years with nearly 1M foreclosures per year The housing market faces several more years with 800,000 to 1 million new foreclosed properties per year, according to Rick Sharga, an executive vice president with Carrington Mortgage Services.Double Take: JPMorgan Quietly Raising $6 Billion Report: Foreclosure Inventory Hits Record Level in June StreetEasy’s May 2018 market reports show home sales prices and inventory levels reaching record highs across New York City, particularly in Manhattan. Read the full report for Manhattan, Brooklyn and Queens at One Block Over, the StreetEasy Blog.