Shortage of cheaper houses stifles U.S. home sales

Shortage of cheaper houses stifles U.S. homes sales Reuters – 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.

Economists polled by Reuters had forecast existing home sales rising 2.7% to a rate of 5.35 million units in Vierter Monat des jahres. existing home sales, which make up about 90% of U.Sulfur. home sales, dropped 4.4% from a year ago, the 14th straight annual decrease.

Existing home sales, which make up about 90 per cent of US home sales, dropped 4.4 per cent from a year ago, the 14th straight annual decrease. According to the NAR, there was a 10 per cent drop from a year earlier in sales of houses priced at US$100,000 and below.

Shortage of cheaper houses stifles US homes sales WASHINGTON: US 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.

Shortage of cheaper houses stifles U.S. homes salesSource: Top News ReutersPublished on 2019-05-21

Shortage of cheaper houses stifles US homes sales May 22, 2019 0 WASHINGTON: US home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses.

WASHINGTON 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.

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.

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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 sales of houses priced $100,000 and below.

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