Similar Stories to Us Home Sales Fell 0.4 Percent In May Amid Inventory Crunch on Bing News

WASHINGTON (AP) - U.S. existing home sales slipped 0.4 percent in May, as the prolonged shortage of properties on the market is deterring home-buying.

Topics:  washington ap     u.s   percent   home sales   
BING NEWS:
  • Inventories Expand as New Home Sales Fall
    The inventory for May is projected to be a 9.3-month supply at the current sales rate. This is a 14.8 percent increase from April and ... increasing from $495,800 to $520,000. May sales fell compared ...
    06/28/2024 - 6:34 am | View Link
  • Contract signings hit record low in May
    The index is measured on a scale where 100 is equal to the number of contract signings in 2001, the year NAR began collecting this data. In May, the PHSI was 70.8, which means contract activity was ...
    06/28/2024 - 5:59 am | View Link
  • Charleston home with pool, rooftop deck sells for $9.7M as downtown sales soar this spring
    The sale of 9 Tradd Street with its pool, rooftop deck and high elevation shows Charleston property buyers want to purchase modern homes without flood concerns.
    06/27/2024 - 11:00 pm | View Link
  • Pending home sales plummet to all-time low in May: NAR
    The National Association of Realtors' Pending Home Sales Index fell to its lowest reading since NAR began collecting data in 2001.
    06/27/2024 - 4:43 am | View Link
  • Pending U.S. home sales fall to an all-time low in May
    The numbers: Pending home sales fell in May to an all-time low, as U.S. home buyers grappled with elevated mortgage rates and rising home prices. Pending home sales fell 2.1% in May from the previous ...
    06/27/2024 - 3:00 am | View Link
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