U.S. existing home sales fall for second straight month

U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time buyers out of the market.

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WASHINGTON (Reuters) – U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time.

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U.S. existing home sales fall for third straight month. California Thomson Reuters U.S. home sales fell for a third straight month in June as a persistent shortage of properties on the market.

Sales of previously-owned US homes unexpectedly fell in August for the second month in a row as rising prices and tight inventories held buyers back. Existing home sales fell by 0.9 per cent in.

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Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4 per cent from a year ago, the 14th straight annual decrease. According to the NAR, there was a 10 per cent drop from a.

 · U.S. home sales fell in September by the most in over two years as the housing market continued to struggle despite strength across the broader economy.. Existing home sales fall for sixth.

Sales rose in the Northeast and Midwest. They fell in the West, which has seen a sharp rise in prices, and the South, where most of the homes are sold. Existing home sales, which make up about 90 percent of U.S. home sales, dropped 2.2 percent from a year ago in June. They have declined on a year-over-year basis for four consecutive months and.

WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter.

Existing home sales fell in May. The number of transactions was expected to increase. This is the second straight month of declines. U.S. home sales unexpectedly fell in May as an acute shortage of.