Shortage of cheaper houses stifles U.S. home sales

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. Key Brexit legislation pushed back following backlash from MPs This company wants to help shave $6,200 off your student loans This company wants to.

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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.

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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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. According to the NAR, there was a 10% drop from a year earlier in sales of houses priced $100,000 and below.

WASHINGTON – A buying spree in the Midwest spurred new U.S. home sales last month to the fastest pace since July. The Commerce Department said Friday that new-home sales in November. homes last.

Shortage of cheaper houses stifles US homes sales 22/05/2019 Oman Observer 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.

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WASHINGTON (AP) – U.S. sales of existing homes slipped for the fourth. There is a shortage of these more affordable homes on the market. and that stifles the potential for higher home sales despite the possible boost in.

one of the best forecasters of existing-home sales over the past two years, according to data compiled by Bloomberg. “Whether it’s new construction or existing homes, the brake on the pace of activity.

The U.S. housing market has been stymied by a sharp rise in mortgage rates since 2016 as well as land and labor shortages. That has led to.