Shocked onlookers watched in horror as a jumper plunged 876ft after his parachute failed to open properly. to his aid and he was airlifted in critical condition to the Charleston Area Medical.
The number of homes listed for sale at the end of May increased by 1,000 to 333,000. The inventory-to-sales ratio was 6.4 months, up from 5.9 months in April and 5.6 months in May 2018. Unlike existing homes, the new homes market has loosened significantly with a 10.3% increase in the number of new homes listed for sale from a year earlier.
· existing home sales are projected to be unchanged at about 5.6 million after rising 6.3%, 3.8% and 2.7%, respectively, each of the past three years ending in 2017, Yun says.
US Existing home sales (mom) apr 1.3% 5.1% P – Preliminary, Q – Quarter, F – Final US May’s NAHB/Wells Fargo Housing Market Index, which measures homebuilder confidence, is expected to tick up to 59.0, after staying at 58.0 from February to April.
· For the 12 months ending in January, US prices fell 3.3% and are 13.2% below its april 2007 peak. Regionally, prices were up 2% in the Mountain and 0.4% in the West North Central US Census divisions.
· U.S. Unemployment at 16-Year Low, but Economy’s Weak Spots Remain. in payrolls and revisions that reduced the gains in the previous two months. It.
The prolonged effects of tougher mortgage policies continued to make their mark on national home sales and prices in February, with the Canadian Real Estate Association’s latest report revealing the largest monthly decline in activity since the stress test was introduced last January.. Sales fell "sharply" by 9.1% from January, and are down 4.4% from the same month in 2018.
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· In 2017, Nicholas said the real estate market was still in the expansion phase. The next phase, hypersupply, wouldn’t occur unless rental vacancy rates begin to increase. If that occurred while the Fed raises interest rates, it could cause a crash. Most Americans are concerned that the real estate market is going to crash.
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Economic Update for 10/18/14 DataQuick reported that the number of home sales in California rose for the first time in a year in September, as cooling prices and a strong economy encouraged buyers. The median sales price for new and existing houses and condominiums was $389,000 last month, down 1% from $393,000 in August but up 9.6% from $355,000 last September.