U.S. Homes Sales Rebound in March, Beat Analysts’ Estimates

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The latest data for the Greater Toronto Area looks ugly if you’re doing the 12-month comparison, with sales plummeting 32.1 per cent year-over-year in April. But let’s remember April 2017 was the peak. Seems like the more compelling storyline here is that the average selling price climbed back above $800,000 for the first time since May 2017.

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CONFIDENCE BOOST: U.S. homebuilders are feeling more confident about their sales prospects this month, according to a new survey. The National Association of Home Builders/Wells fargo housing market index released tuesday has a reading of 62. That’s an increase of four points from last month’s index and the highest reading since October.

Fresh low for average number of days on the market and a record high for median sales price. That was up 1.1% from a downwardly revised April sales pace, and beat economists’ expectations for a 5.51 million pace. April’s sales stood 2.7% higher than a year ago, and marked the third-highest selling pace of the past year.

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Sales of existing U.S. homes fell in March after a huge gain the previous month, held back partly by a sharp slowdown among the most expensive properties. Home sales fall 4.9% in slow start to.

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WASHINGTON (AP) – U.S. home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse supply of homes. The S&P CoreLogic Case-Shiller 20-city home price index moved up 6.6 percent from a year earlier, led by outsize gains in Seattle, Las Vegas and San Francisco.

Mortgage Masters Group U.S. homes sales rebound in March, beat analysts’ estimates analysts expect wdc’s Revenue to Fall Close to 27% in Q3 2019. – Analysts expect peer company Seagate’s sales to fall 17.7%, while its earnings are expected to fall 51% in the quarter, which ended in March.

U.S. auto sales have stalled, casting doubt on a rebound this year as persistent unemployment and tighter lending deter buyers.light-vehicle deliveries in July, to be released tomorrow, may have run at an 11.9 million seasonally adjusted annual rate, the average estimate of.

Micron Technology Inc., the largest U.S. maker of computer-memory chips, posted second-quarter sales and profit that beat analysts’ estimates. compiled by Bloomberg. After an industry slump, memory.