Existing-home sales decline for fifth time in six months

PHH closes sale of Freddie MSRs to New Residential New Residential Investment Corp., the largest subservicing client of both Ocwen and PHH, has already given its blessing. Other secondary mortgage market participants, including Fannie Mae, Freddie Mac, Ginnie Mae and private-label securitizers that work with the servicers will also have to approve the deal.

Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties.

KEYWORDS Existing home sales NAR National Association of Realtors Pending Home sales index pending home sales decreased in August for the fifth time in six. s decline in contract signings in August.

Housing Bubble 2.0 -  Rate Hikes Halted - Existing Home Sales Surge - US Housing Hits A Brick Wall U.S. existing-home sales decline for Fifth Time in Six Months Reade Pickert , Bloomberg News A prospective home buyer looks out the master bedroom window at a house for sale in Dunlap, Illinois.

 · Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors®. Three of four major U.S. regions saw gains in sales activity last month.

WASHINGTON (May 21, 2019) – Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors.Two of the four major U.S. regions saw a slight dip in sales, while the West saw growth and the Midwest essentially bore no changes last month.

Canada: Retail sales declined for a fifth time in six months in January By Jocelyn Paquet Once again in January, retail sales came in below consensus expectations, posting their fifth decline in the last six months (chart on the le ft). Although some of the disappointment could

October Existing Home Sales Rise for First Time in 6 Months.. Gains in the Northeast, South and West – a reversal from last month’s steep decline or plateau in all regions – helped.

Pending home sales, which are based on contract signings, fell in August for the fifth time in six months, with sales down across the board. Pending home sales down again in August

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 · Toll Brothers: Are We There Yet?. existing home sales dropped in August for the fourth time in five months. Existing home sales retreated 1.7% to.

In the Midwest, existing-home sales saw relatively no percentage change from the month prior, as the annual rate remained 1.17 million, which is 7.9% below April 2018 levels.

How Canada’s dealing with its own home affordability crisis Canadian Real Estate Is The Least Affordable Since 1990. The affordability index for Canadian real estate held its level for a second quarter. A median household in Canada needed 53.9% of their income in Q3 2018, the same as the previous quarter. That number represents a 3.05% increase compared to the same quarter last year.

The National Association of Realtors said on Friday that existing home. for six straight months. A dearth of properties for sale has pushed up prices, sidelining many would-be homeowners. Sales.