US new-home sales fell 6.9% in April

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers

WASHINGTON -- .

The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000 in April, down from 723,000 in March. Still, year-to-date home sales are running 6.7% above the pace set in 2018. Buyers have been helped by lower mortgage rates and a solid job market. Yet higher prices and a lack of sales listings have been an obstacle this year for sales of new and existing homes, limiting the number of people who can afford to buy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Existing-home sales down for the second straight month in AprilSales of previously-owned homes fell for the second month in a row, another sign of a struggling market, even as the Realtor lobby continues to expect...
Source: MarketWatch - 🏆 3. / 97 Read more »

Home sales fell in April despite a big drop in mortgage ratesSales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of Realtors. Sales were 4.4% lower compared with April 2018. That was the 14th straight month of annual declines. Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of Realtors. Who else calls up hot real estate ladies just to look at a house and try to make out with them? Thinkng your crypto is sucred on exchance, Only to wake up one morning and see that everything has disappeared somewhere. Do not make same mistake other made, get hardware wallet directly from Ledger
Source: CNBC - 🏆 12. / 72 Read more »

New-home sales slump 7% in April after reaching the best level of the cycleSales of newly-constructed homes fell but sales figures from earlier months were found to be much higher, painting a drastically different picture of the...
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. new home sales fall more than expected in AprilSales of new U.S. single-family homes fell from near an 11-1/2-year high in Apri... Now where have I seen this before 🤔 Poop storm brewing
Source: Reuters - 🏆 2. / 97 Read more »

U.S. existing home sales fall for second straight monthU.S. home sales fell for a second straight month in April amid weakness in the l... GOOD!! It’s about time. Could this be fake news? In my area existing homes sell very quickly. My neighbors home sold in two days. We are thinking of building a new home and selling our current home. The realtor says be ready to move when we list it. Maybe in liberal high tax states sales are slowing..
Source: Reuters - 🏆 2. / 97 Read more »

Shortage of cheaper houses stifles U.S. homes salesU.S. home sales fell for a second straight month in April, weighed down by a chr... Can't wait to see how this ends... Which in turn is making rental prices increase. My son is looking to move out and it’s cheaper to buy than to rent but new listings in the lower price ranges are being sold in less than 24 hours and for over asking price. Outrageous! I'm a pissed off senior looking for affordable housing. The latest waste of time was $300,000 for a small one story fixer upper. You read that right.
Source: Reuters - 🏆 2. / 97 Read more »

Euro zone April inflation confirmed at 1.7%, core rate revised upEuro zone prices rose by 1.7 percent in April, EU statistics agency Eurostat con...
Source: Reuters - 🏆 2. / 97 Read more »

California gains 46,000 jobs in April as unemployment stays near a record lowOnly two of California's sectors lost jobs: information — which includes tech companies and Hollywood studios — and mining and logging. California’s cost of living creates more poverty for the golden state Not enough This is a once in a life time unemployment rate. Most of the world is 2-3 times this. Doesn’t get much better.
Source: latimes - 🏆 11. / 82 Read more »

Ethiopian Airlines pushes back on criticism, says pilots followed emergency procedures before March crashAirline officials said FAA chief Daniel Elwell’s attempt this week to place some of the responsibility for a deadly March crash on their pilots’ actions was an attempt to “divert public attention” from problems with the flight control system on Boeing’s 737 Max jets. Yes....how awful it must have been..god bless them🌹🌹 I don’t trust Boeing here at all. Why aren’t the Boeing executives arrested for manslaughter ? Oh right. Campaign contributions.
Source: washingtonpost - 🏆 95. / 72 Read more »

U.S. states cheer April income tax deluge but analysts urge cautionApril, typically a big revenue month for U.S. states that levy personal income t... What a poorly written article.
Source: Reuters - 🏆 2. / 97 Read more »

U.S. states cheer April income tax deluge but analysts urge cautionIn California, where personal income taxes account for about 70% of the state's general fund revenue, a year-over-year increase of 35.2% last month made up for lagging revenue from the tax in December and January, according to H.D. Palmer, a spokesman for the state's finance department. The
Source: YahooNews - 🏆 380. / 59 Read more »