U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in June, from a revised 642,000 in the prior month.
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U.S. existing-home sales fell 5.4% to a seasonally adjusted annual rate of 5.12 million in June, the National Association of Realtors said Wednesday.
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Housing starts fall to 1.56 million, versus consensus of 1.59 million with strength in apartments offsetting weakness in single-family starts.
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The S&P CoreLogic Case-Shiller 20-city index posted a 21.2% year-over-year gain in April, up slightly from 21.1% in the previous month.
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U.S. pending-home sales rose in May by 0.7%, according to the monthly index released Monday by the National Association of Realtors.
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U.S. new home sales rose 10.7% to a seasonally-adjusted rate of 696,000 in May, from a sharply revised 629,000 in the prior month.
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U.S. existing-home sales fell 3.4% to a seasonally adjusted annual rate of 5.41 million in May, the National Association of Realtors said Tuesday.
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The annual rate of total housing starts fell to 1.55 million last month from a revised 1.81 million in April.
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