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

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WATCH LIVE: CBC Vancouver News at 6 for May 23 - Massey Tunnel, Real Estate, Surrey Police Will The Fed Cut Rates In 2019? – Vintage Value Investing – Existing Home Sales Miss Estimates The existing home sales report doesn’t matter to GDP, but it is important because most homes sold are in this category. As you can see from the chart below, sales of 5.19 million in April fell slightly from 5.21 million which missed the low end of the expected range which was 5.25 million.

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Last month saw existing home sales fall to a three-year low while growth in housing prices slipped to its lowest level in more than six-years, putting homebuilder ETFs in focus. HD LEN PKB XHB ITB.

Home Sales Accelerate as U.S. Price Decline Signals Rebound – Mounting foreclosures pushed the median price for a U.S. existing home to $158,800 in January. houses may rise 18 percent to a three-year high, after falling to an all-time low in 2010, the company.

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Homebuilders Fall to 10-Month Low on Sales Data, Earnings Miss (Michael Flippo/Dreamstime). Blame that on disappointing economic data and earnings reports that trailed estimates.. That added to pessimism that appeared Tuesday when data showed existing home sales dropped for the third month.

Don’t miss these top stories. the Commerce Department estimates in the latest indicator of a struggling housing market. Read more: Sales of new homes slip 2.1% in May. May existing-home sales fall.

US home resales fall to three-year low, missing estimates . By Shobhana Chandra Bloomberg. Existing-home sales account for about 90 percent of U.S. housing and are calculated when a contract.

Existing Home Sales Miss Estimates The existing home sales report doesn’t matter to GDP, but it is important because most homes sold are in this category. As you can see from the chart below, sales of 5.19 million in April fell slightly from 5.21 million which missed the low end of the expected range which was 5.25 million.

Earlier in the day, the pair touched a low of 1.3305, its lowest level since December. On the release front, British CPI continued to fall, coming in at 2.4%. This was shy of the estimate. Sales.

U.S. Home Resales Fall to Three-Year Low, Missing Estimates Sho Chandra Jan 22 2019, 3:00 PM Jan 23 2019, 2:09 PM January 22 2019, 3:00 PM January 23 2019, 2:09 PM

It’s one thing to miss estimates on sales in a given quarter. Another angle on the recent retail earnings picture is housing. Both LOW and Home Depot (HD) disappointed, and existing home sales for.