Shortage of cheaper houses stifles U.S. homes sales

FILE PHOTO: A ‘House For Sale’ sign is seen outside a single family house in Uniondale, New York, U.S. said cheaper borrowing costs should support the housing market. Recent data suggest a cloudy.

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WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter. FILE PHOTO: A home for sale is seen in Santa

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WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter. FILE PHOTO: A home for sale is seen in Santa [.]

Shortage of cheaper houses stifles U.S. homes sales 21.05.2019 13:59 U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a temporary boost from exports and an inventory overhang in the first quarter.

London house prices fall at fastest rate since 2009 crisis House prices in London are falling at their fastest pace in nearly a decade, according to Britain’s biggest mortgage provider.Hit by a wave of changes to the property market, prices in the.

WASHINGTON (Reuters) – U.S. home sales fell for a second straight month in April, weighed down by a chronic shortage of more affordable houses, the latest sign the economy was slowing after a.

WASHINGTON (Reuters) – U.S. housing starts. more lower-priced houses, the segment of the market that has suffered an acute shortage of inventory and weak sales. Those supply challenges were.

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WASHINGTON (AP) — U.S. sales of homes for less than $100,000 have plunged 10.6 percent from a year ago. There is a shortage of these more affordable homes on the market because existing owners.