Existing-home sales fall to three-year low, miss estimates

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U.S. existing home sales Unexpectedly Tumble To Three-Year. – Existing home sales in the U.S. unexpectedly showed a steep drop in the month of January, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales tumbled by 1.2 percent to an annual rate of 4.94 million in January after plunging by 4.0 percent to a revised rate of 5.00 million in December.

US existing home sales fall sharply to 3-year low.. existing home sales fell in three of the country’s four major regions, rising only in the Northeast.. Earnings estimates data provided by.

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Sales of previously owned U.S. homes fell to the slowest pace in more than three years, falling short of estimates and indicating that the housing market remained in a slowdown as the year ended. Contract closings decreased 6.4 percent from the prior month to an annual rate of 4.

Existing-home sales slide to a 3-year low as housing market stumbles. scared from the market during the period of rising rates in the fall could see it as an opportunity to jump back in.

US Existing Home Sales Miss Estimates; down fifth time in six months. "I think the market had a bit of a slow start in the Fall, but Realtors all over the country have been telling me that.

Mortgage application volume slows as summer ends Summer is traditionally the best time to sell a home, but recent headlines show sales activity is starting to slow in markets across the country. Said a former business development associate, “The.

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Existing-Home Sales Fall To 3-Year Low In September – 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.

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Homebuilders are sinking – and blame that on disappointing economic data and earnings reports that trailed estimates.. homebuilders fall to 10-month low on sales data, earnings miss. That added to pessimism that appeared Tuesday when data showed existing-home sales dropped for the.

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