Why did residential sales decline for fourth month straight?

Sales of new and existing homes have been slumping for four straight months. How much has the market cooled? commerce figures show that new home sales are down more than 13 percent compared to last fall. Back then.

 · Macy’s sales keep shrinking as Americans stay away from the mall. Revenue tumbled 6.1% last quarter, the 11th straight quarterly decline. It was a deeper slide than Wall Street had feared.

Mortgage lending loosens in June On August 9, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 3.88 percent with an APR of 4.01 percent.Servicers Make 116,000 HAMP Trials Permanent Mortgage servicers were permanently modifying around 100,000 loans a month before HAMP started. HAMP’s highest monthly total yet was the 50,000 additional permanent modifications achieved in January 2010 (116,000 reported this month minus 66,000 reported last month).

with the fourth escalation of the US/China trade war causing the worst August start for the S&P 500 since 2002 (6% decline.

FHFA appoints new chief of staff Governor Abdullahi Ganduje of Kano state has appointed Ali Makoda as his Chief of staff. naija news learnt that Makoda, holds a B.A. degree in Library/Political Science, Postgraduate Diploma in Management and Masters in Business Administration (MBA), from Bayero University, Kano, He was also the immediate past Commissioner for Environment.

For the second month in a row, retail sales declined in March as ‘hard’ data fails to live up to ‘soft’ data’s hype. This is the biggest 2-month tumble in retail sales in over 2 years. This drop in sales should not be total surprise as real average weekly earnings has now failed to rise for 3 straight months.

Pending home sales missed expectations in March, dropping 4.4% YoY (the 4th straight month of declines – the longest streak since 2014). Pending Home Sales Decline For 4th Straight Month, Weather Blamed | Zero Hedge

NSW residential property; Print article. New home sales fall for third straight month led by SA, NSW, Victoria, HIA says. The 2 per cent decline last month pulled the total to 5418, its lowest.

Watch millennials apologize for delaying the housing recovery Millennials’ numbers in the U.S. stand at 75.4 million – making them the nation’s biggest generation (sorry, baby boomers. and tend to rent in urban centers rather than suburbs. The housing stocks.

The pullback was again concentrated in the single-family segment, where sales fell by 0.6% on the month to 4.76 million, marking the third consecutive monthly decline. Meanwhile, sales of condos.

National housing market slows as Texas heats up Raleigh Real Estate News; Does the Market Slow Down During Fall and Winter?. Below, you’ll find a few reasons why the housing market seems to slow during this time of year, and then sparks up again the following spring. Hopefully these facts will help you determine whether or not it’s.

That marks the fourth straight month, every month this calendar year, in which sales have declined on a year-over-year basis. So far in 2017, sales are off 2.4 percent, or by 133,000 vehicles.

Welcome to the Ellington Residential Mortgage REIT 2018 Fourth Quarter. levels. The decline in interest rates and the high levels of interest rate volatility generated net losses on our hedges and.

Case-Shiller: Home prices continue to slow as housing stalls The Case-Shiller home price index appreciated 0.1% month-over-month and 5.5% year-over-year, in August. This month marks the first time in over a year that annual gains dipped below 6%. Appreciation was driven by Las Vegas, up 13.9% year-over-year, followed by San Francisco, up 10.6% year-over-year, the only two metros posting double-digit annual gains.

Existing home sales dipped in February, continuing a three-month-long run of declining sales activity, according to the National Association of Realtors (NAR). Existing Home Sales Decline for.

McDonald’s Posts Worst Sales Decline In 10 Years. McDonald’s global sales at stores open at least 13 months declined 3. the fourth straight month of comparable sales declines in the U.S.

With this, the company’s earnings marked third straight beat, while sales lagged for the fourth straight. In the past three months, shares of this Zacks Rank #4 (Sell) company have lost 36%, wider.