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Recent Articles

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Potential US existing-home sales in April fell 3.0% month-over-month to 5.74 million seasonally adjusted annualized rate; house-buying power fell US$77,000, reduced housing market potential by nearly 380,000 potential home sales: First American

US existing-home sales fell 2.4% in April from March to seasonally adjusted annual rate of 5.61 million; inventory of unsold homes increased 10.8% from March to 1,030,000, equal to 2.2 months of the monthly sales pace: NAR

John Burns Consulting: Expecting existing home sales to fall in 2022, given tight inventory and payment shock from rising mortgage rates, but seeing continued growth in remodeling spending, especially on large, professional contractor-intensive projects

US existing-home sales fell 2.7% in March from February to seasonally adjusted annual rate of 5.77 million, down in all regions; inventory of unsold homes increased 11.8% from February to 950,000, equal to 2.0 months of the monthly sales pace: NAR

Potential US existing-home sales in March decreased 3.2% month-over-month to 5.97 million seasonally adjusted annualized rate; house-buying power 5.6% higher than March 2019 driven by higher household incomes, modestly lower mortgage rates: First American

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