- Analytics
- News and Tools
- Market News
- Existing-Home Sales down in March
Existing-Home Sales down in March
The National Association of Realtors published existing-home sales in the USA. Sales of previously owned homes declined 0.2 percent to a seasonally adjusted annual rate of 4.59 million in March from 4.60 million in February. The projected value was 4.57 million.
Sales dropped 7.5% in comparison to March 2013. On the other hand, the median existing-home price was up 7.9% to $ 198,500.
The National Association of Realtors chief economist Lawrence Yun said that price growth is rising faster than historical figures caused by inventory shortages. But he expects improvement in the next months. Ongoing job creation, reduction of inventory shortages and moderate increase of mortgage interest rates are needed to improve the current situation.
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
