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Shortage of cheaper houses stifles U.S. homes sales

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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.

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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.. The unexpected drop in sales reported by the National Association of Realtors on Tuesday came on the heels of data last week showing retail sales and.

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 · [Original Post] FILE PHOTO – Ireland’s Prime Minister (Taoiseach) and Defence Minister Leo Varadkar arrives for the informal meeting of European Union leaders in Sibiu, Romania, May 9, 2019. REUTERS/Francois Lenoir DUBLIN (Reuters) – British Prime Minister Theresa May’s “new deal” aimed at delivering Brexit would appear to be acceptable to Ireland, a key party [.]

By lucia mutikani 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. The unexpected drop in sales reported by the National Association of Realtors on Tuesday came on the heels of.

By Lucia Mutikani WASHINGTON, May 21 – U.Sulfur. home sales fell for a second straight month in Vierter Monat des Jahres, weighed down by a chronic shortage of more affordable houses, the latest sign the economy welches slowing after a temporary boost from exports and an inventory overhang in the first quarter.

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To be sure, tax code changes that limit deductions for mortgage interest and property taxes could weigh on demand. which accounts for approximately one-third of home sales for the company,