Shortage of cheaper houses stifles U.S. homes sales

Shortage of cheaper houses stifles US homes sales 22/05/2019 oman observer 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 US homes sales May 22, 2019 0 WASHINGTON: US home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses. key brexit legislation pushed back following backlash from MPs This company wants to help shave $6,200 off your student loans This company wants to.

WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded. expensive materials and land and labor shortages are constraining builders’ ability to produce sought after lower-priced.

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According to the NAR, there was a 10 per cent drop from a year earlier in sales of houses priced at US$100,000 and below. The Realtors group said there was strong demand in this market segment, but not enough homes for sale. The inventory of housing in this price bracket dropped 17.3 per cent from a year ago.

Money Talks: Micro homes solve UK housing shortage Shortage of cheaper houses stifles U.S. homes sales – 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 $100,000 and below.

In the seven years since the housing crash ended, home values in more than three-quarters of U.S. for sale isn’t keeping up with demand as people move into the Treasure Valley. Even million-dollar.

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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 slo.

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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 $100,000 and below.