us homeprice gains slow in 13 months
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

US home-price gains slow in 13 months

Arab Today, arab today

Arab Today, arab today US home-price gains slow in 13 months

U.S. home prices rose
Washington - SPA

U.S. home prices rose in April from a year earlier at the slowest pace in 13 months, reflecting a recent decline in sales, according to a closely watched index released Tuesday.
The Standard & Poor's/Case-Shiller 20-city home-price index rose 10.8 percent in April from 12 months earlier. While a healthy gain, it was down from 12.4 percent in March and was the smallest year-over-year gain since March 2013.
Home prices rose 0.2 percent in April from the previous month, a much smaller gain than the 0.8 percent expected by analysts.
"Near-term economic factors favor further gains in housing," said S&P index chairman David Blitzer. "However, housing is not back to normal: prices are being supported by cash sales, low inventories, and declining foreclosure … sales. First-time homebuyers are not back in [large numbers], and qualifying for a mortgage [loan] remains challenging."
Home sales have slowed since last summer as higher mortgage rates, rising home prices, and a limited supply of available properties have priced many potential buyers out of the market. Sales of existing homes in May were 5 percent lower than a year earlier.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us homeprice gains slow in 13 months us homeprice gains slow in 13 months

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us homeprice gains slow in 13 months us homeprice gains slow in 13 months

 



GMT 16:52 2017 Tuesday ,21 February

Iraqi troops push into Daesh-held southern

GMT 10:50 2017 Tuesday ,05 December

Technip lands Bahrain refinery mega contract

GMT 08:12 2017 Monday ,10 April

Minister receives School Mini Olympics winners

GMT 13:15 2017 Thursday ,31 August

Al-Basher Arrives in the Holy Land

GMT 18:19 2017 Tuesday ,17 October

Producers' group moves to expel Weinstein

GMT 13:00 2015 Sunday ,18 October

DEWA participates in 11th Women’s Forum in France

GMT 15:48 2017 Wednesday ,22 February

GOIC Encourages Paper Industry in GCC States

GMT 02:41 2016 Tuesday ,08 November

US, Turkey COS held talks on Syria, Iraq

GMT 23:18 2017 Wednesday ,22 November

HRH Premier lauds Bahrain's ability to host major events
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday