Sales of previously owned homes rose in July for the second straight month as high prices prompted more homeowners to put their houses on the market
.
Existing-home sales rose 2% in July from the prior month to a seasonally adjusted annual rate of 5.99 million, the National Association of Realtors said Monday. July sales rose 1.5% from a year earlier.of earlier this year is showing signs it is winding down, but the market remains competitive for buyers. The inventory of homes on the market has risen in recent months, but the supply remains well below demand, according to market participants.
“It is still a very swift, fast-moving market, but there is some indication that the market is less intensely heated now than before,” said Lawrence Yun, NAR’s chief economist. “There are more homes available for sale compared to one or two months ago.” The median existing-home price rose 17.8% in July from a year earlier, NAR said, to $359,900, easing from a revised record $362,800 the prior month.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Nearly One Million Jobs Added In July: Will The Delta Variant Derail The Growth?In an impressively positive jobs report, United States employers added 943,000 jobs in July. The unemployment rate dropped to 5.4%, signaling the economy is improving.
Weiterlesen »
China reports no new local COVID-19 cases for first time since JulyChina's health authority reported on Monday that there were no new locally transmitted cases of COVID-19 for the first time since July, offering more signs that the current outbreak which began late last month may be tapering off soon.
Weiterlesen »
Automobile shortages, spending shift to services tank U.S. retail salesU.S. retail sales fell more than expected in July as shortages depressed motor vehicle purchases and the boost to spending from the economy's reopening and stimulus checks faded, suggesting a slowdown in economic growth early in the third quarter.
Weiterlesen »
Automobile shortages, spending shift to services tank U.S. retail salesU.S. retail sales fell more than expected in July as shortages depressed motor vehicle purchases and the boost to spending from the economy's reopening and stimulus checks faded, suggesting a slowdown in economic growth early in the third quarter.
Weiterlesen »
U.S. Embassy in Kabul warns against travel to airport due to ‘potential security threats’NBC’s Courtney Kube reports on why the U.S. Embassy in Kabul is warning Americans against traveling to the airport amid chaos as the U.S. military scrambles to evacuate Americans and allies.
Weiterlesen »