By Consumer Contrarian:
Solid Recovery in Existing Home Sales Supports Healthier New Home Market
Sales of Existing Homes, typically 80-85% of the housing market, have trended around 5 million units in the monthly dating to early 2013. Since...
CANBERA (dpa-AFX) - After the release of Canada existing home sales for
August at 9:00 am ET Monday, the loonie changed little against its major
The loonie was trading at 1.4312 against the euro, 1.0002 against the aussie,
CANBERA (dpa-AFX) - Canada existing home sales data for August is due at
9:00 am ET Monday. Ahead of the data, the loonie showed mixed trading against
its major opponents. While the loonie rose against the euro, it held steady
against the rest of...
By Dave Kranzler:
Although interest rates have fallen in recent months, median family incomes are still lagging behind price gains, and mortgage rates will inevitably rise with the upcoming changes in monetary policy - NAR Chief Economist...
CANBERA (dpa-AFX) - The New Zealand dollar gained ground against the other
major currencies in late Asian deals on Friday, as investor sentiment improved
after a slew of upbeat economic reports released from the U.S. overnight
WASHINGTON (dpa-AFX) - Existing home sales in U.S. unexpectedly rose to
their highest annual pace of the year in the month of July, according to a
report released by the National Association of Realtors on Thursday.
NAR said existing home sales...
For 30 years, falling mortgage interest rates have enabled homeowners to move into ever-larger homes on the promise of ever-cheaper financing. But that party is over, and the impact on existing home sales could be significant.