Pending Sales of Existing Homes Fall to Seven-Month Low
Contracts to purchase previously owned U.S. homes fell to a seven-month low in August, held back by tight supply in the housing market, the National Association of Realtors said Sept. 29 in Washington.
Sales of New Homes Retreated in August From Nine-Year High
Purchases of new U.S. homes dropped in August after surging a month earlier to the fastest pace since 2007, representing a pause in momentum within residential real estate.
Sales of Existing Homes Unexpectedly Declined in August
Sales of previously owned U.S. homes unexpectedly declined to a six-month low in August, signaling that buyers are getting discouraged by a limited selection of properties that’s kept prices high, National Association of Realtors data showed Sept. 22.
August Class 8 Sales Drop 26.1% in 9th Straight Monthly Decline
U.S. retail sales of Class 8 trucks dropped 26.1% in August from a year earlier, WardsAuto.com reported, the ninth straight monthly decline, as industry conditions continue to show little improvement.
Retail Sales Decline in August by More Than Forecast
Sales at U.S. retailers dropped more than forecast in August, indicating a pause in recent consumer-spending strength that has carried the economy.
Housing Market Turnover to Improve Over Coming Year, Poll Shows
Turnover in the U.S. residential property market is set to rise over the coming year, according to a strong majority of analysts polled by Reuters who also forecast the pace of house price gains to remain relatively steady this year and next.
Existing Home Sales Drop for First Time Since February
Sales of previously owned homes dropped more than forecast in July from a nine-year high, restrained by limited choices for buyers, National Association of Realtors data showed Aug. 24.
New-Home Sales Unexpectedly Surge to Almost Nine-Year High
Purchases of new U.S. homes unexpectedly jumped in July to the highest level in almost nine years, led by soaring demand in the nation’s South and adding to signs of persistent housing-market strength.
New-Home Sales Jump to Highest Level Since February 2008
Purchases of new U.S. single-family homes rose in June to the highest level in more than eight years, indicating a firm and resilient housing market.
Class 8 Sales Plummet 27.7% in June; Eighth Decline in Last Nine Months
U.S. retail heavy-duty truck sales contracted for the eighth time in the past nine months year-over-year in June, and the 27.7% plunge was the sharpest decline of the rough stretch dating to October.