USA home resales post unexpected rise in September

USA home resales post unexpected rise in September

USA home resales post unexpected rise in September

September's price increase marks the 67th straight month of year-over-year gains.

September sales of all property types in Houston totaled 8,150, an increase of 3.4 percent versus the same month previous year.

At the end of September, totally housing inventory increased 1.6 percent to 1.90 million existing homes available for sale, "but still remains 6.4 percent lower than a year ago at 2.03 million, and has fallen year-over-year for 28 consecutive months".

Applied Materials, Inc. (AMAT)- Stock Picks With Performance Analysis
Looking at some alternate time periods, the 12 month price index is 1.92785, the 24 month is 3.57398, and the 36 month is 2.74195. As per Thursday, December 10, the company rating was downgraded by Credit Agricole. (NASDAQ: AMAT ) or 11,100 shares.

Across the regions, sales increased in the West by 3.3 percent and in the Midwest by 1.6 percent. There were 38,445 closed sales in the 2017 third quarter, a decrease of 3.1 percent from the 2016 third quarter total of 39,693.

"Home sales remained strong across the Empire State through the third quarter, constrained only by the ongoing decline in the number of homes available for sale", Duncan MacKenzie, the state Association of Realtors CEO, said in a statement.

With surprising but welcome improvement from the Harvey-influenced August report, Houston's September housing market indicators provided positive readings across the board as single-family home sales, total property sales, median and average pricing, total dollar volume and inventory were all up compared to September 2016. Florida's sales were still down 22 percent compared to this time past year. Total dollar volume for properties sold jumped 10.2 percent to $2.3 billion.

Manchester United manager reveals when Zlatan will be back
For Eric Bailly, I think it will be hard ". "Let him take his time and be back when everyone feels is the right moment". The players will be buzzing and the supporters will be happy to have a big club playing in their stadium".

At the current sales rate, it would take 4.2 months to clear inventory, down from 4.5 months a year ago. It was at 7 months at the end of the 2016 third quarter. Months' supply of homes held steady at 4.2m units. Total active listings, or the total number of available properties in the marketplace, rose 7.4 percent from September 2016 to 40,848.

Editor's Note: All data is compiled from multiple listing services in the state of NY and the data include townhomes, condominiums and existing single-family homes. The term REALTOR is a registered trademark, which identifies real estate professionals who subscribe to a strict code of ethics as members of the National Association of REALTORS.

Salvatore I. Prividera Jr.

Red Wings sign Athanasiou to one-year deal
The Red Wings, meanwhile, were holding firm on a one- or two-year deal carrying a $1.9 million AAV. Athanasiou, 23, is a restricted free agent without arbitration rights, limiting his leverage.

Related news