U.S. Home Sales Dip 1.7% on Tight Inventory
U.S. sales of previously occupied homes fell in September after hitting a two-year high in August, in part because there were fewer homes available for sale.
previously occupied homes
U.S. Home Sales Jump to Highest Level Since May 2010
U.S. sales of previously occupied homes jumped in August to the highest level in more than two years, adding momentum to the housing recovery. Sales rose 7.8 percent to a seasonally adjusted annual rate of 4.82 million, the National Association of Realtors said.
Rise in US Home Sales Reflects Steady Improvement
Americans bought more homes in July than in June, the latest evidence that the housing market is slowly, but steadily, improving. Sales of previously occupied homes rose 2.3 percent in July.
Sold! Contracts to Buy Homes Jump to 2-Year High
Americans signed more contracts to buy previously occupied homes in May, matching the fastest pace in two years. The increase suggests home sales will rise this summer and the modest housing recovery will continue.