Real Esate News
December U.S. home sales fall as record-low inventory boosts prices
Little growth expected in 2018 home sales due to tight inventories WASHINGTON (Reuter) – Home sales fell more than expected in December as the supply of houses on the market dropped to a record low, pushing up prices and sidelining some potential first-time buyers. s) – U.S. home sales fell more than expected in December…
Read MorePending Home Sales in US Unchanged September 2017
Contracts to buy previously owned homes were flat in September. The National Association of Realtors’ Pending Home Sales Index was flat for September, with a reading of 106, and August’s reading was lower than expected. Economists polled by Reuters had expected pending sales, which is a forward-looking indicator, to rise 0.2% last month. Source: Reuters…
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