Shortage of cheaper houses stifles U.S. home sales

WASHINGTON (Reuters) – U.S. home sales. costs and house prices as well as strengthening wage growth have improved affordability, land and labor shortages are making it difficult for builders to.

U.S. home sales fell more. borrowing costs and house prices as well as strengthening wage growth have improved affordability, land and labour shortages are making it difficult for builders to ramp.

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

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But in at least three cities around the U.S., it happens to still be. the reason for that won’t come as a surprise: Homes are cheaper there, noted Jennifer von Pohlmann, director of content and PR.

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 0,000 and below.

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.

High house prices in US stifle banks' mortgage units. Paradoxically, however, a short-term effect of the strong economy has been lower supply. Seeing few affordable properties to move to, potential sellers are not putting.

I cover residential real estate, including buying, selling and trends.. in 2012 when 78% of new and existing home sales were affordable for a.

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 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.

Make Doonbeg great again’: Co Clare welcomes Donald Trump Two of Donald Trump's sons received an enthusiastic welcome to a rural Co. American flags and some donned the Make America Great Again cap.. at Shannon Airport in Shannon, County Clare, Ireland on June 5, 2019.