The median existing single-family home price was $206,200 in November, up 5.6 percent from November 2013. Existing condominium and co-op sales declined 4.8 percent to a seasonally adjusted annual.
U.S. existing home sales plunge; new rules seen as drag.. Also potentially weighing on home sales, the median price for a U.S. existing home rose to $220,300 in November, up 6.3 percent from.
The median existing single-family home price was $255,200, also a 2.9 percent increase. The median condo price gained 2.3 percent to $240,600.Despite slower sales, the housing inventory still declined from 1.74 million existing homes in November to 1.55 million. This is however an improvement from the 1.46 million homes available sale last.
This morning’s release of the November Existing-Home Sales increased from the previous month to a seasonally adjusted annual rate of 5.81 million units. The Investing.com consensus was for 5.54.
WASHINGTON-Sales of previously owned homes plummeted in November as delays caused by new mortgage red-tape and a dwindling supply of residences on the market pushed down sales to a level not seen.
· Investing.com – U.S. existing home sales fell sharply in November to hit the lowest level in 19 months, dampening optimism over the health of the.
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November existing home sales, according to the National Association of Realtors, plunged 10.5% from October to November. Note that this metric, as calculated, is the NAR’s “seasonally adjusted, annualized rate (SAAR)” metric. The point here is that the plunge in sales.
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· U.S. existing home sales plunge; new rules seen as drag.. Also potentially weighing on home sales, the median price for a U.S. existing home rose to $220,300 in November.
Existing home sales finally had a break out month. Sales jumped 5.6 percent in November to a 5.81 millionunit pace and the prior month’s sales were revised up to show a 2.4 percent gain. Existing home.