Shortage of cheaper houses stifles U.S. homes sales

Existing home sales, which make up about 90% of U.S. home sales, dropped 4.4% from a year ago, the 14th straight annual decrease.

How To Find Cheap Property For Sale Shortage of cheaper houses stifles U.S. homes sales. investing.com – By Lucia Mutikani. 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.

Most U.S. economists do use the. an Irvine-based real estate data firm. Here are highlights of the real estate outlook for home buyers, builders and renters. Rising prices, a shortage of homes for.

U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record. up from 1.91 million in May and unchanged from a year ago. The median existing house.

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

By Lucia Mutikani 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. The unexpected drop in sales reported by the National Association of Realtors on Tuesday came on the heels of.

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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.

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“When taking into account the size of the U.S., new home sales are still about. records began,” Capital Economics Property Economist Matthew Pointon said. “Higher volumes will require a shift to.