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Added on the 22/06/2015 22:12:49 - Copyright : Reuters EN
Ending a six-month run of spiraling demand, sales of existing homes in the US contracted in November. It's being read as a signal that rising prices and historically low supply is finally slowing the housing market's rally. According to Business Insider, the National Association of Realtors says home sales fell 2.5% last month to a seasonally adjusted annual rate of 6.69 million. The median price for existing homes fell to a six-month low as well, dipping month-over-month to $310,800 from $313,100. Even so, the pace is still up 25.8% from the year-ago period.
The U.S.' second largest homebuilder sold more homes and fattened its bottom line as the housing market continued to recover. Fred Katayama reports.
November existing home sales disappointed, but experts say November is an aberration. Housing market will grow in 2015. - Shartia Brantley reports
Hawthorn Woods, Jul 26 (EFE/EPA).- The number of new homes sold in the United States dropped by 6.6 percent or an annual rate of 676,000 single family homes, according to the monthly report issued by the US Census Bureau and the US Department of Housing and Urban Development on Monday. (Camera: TANNEN MAURY). SHOT LIST: A DRONE FOOTAGE OF THE NEW HOUSES FOR SALE IN A NEIGHBORHOOD AND THE CONSTRUCTION OF SEVERAL NEW HOUSES IN HAWTHORN WOODS, ILLINOIS, US.
Blang Bintang, May 6 (EFE/EPA).- Date growers on Thursday picked date fruits as dates sales usually peak during Ramadan.Sweet dates are consumed by muslims as a special food for breaking the fasting day during ramadan in Indonesia. (Camera: HOTLI SIMANJUNTAK). SHOT LIST: FARMERS HARVEST DATE FRUITS FROM A DATE PALM PLANTATION IN BLANG BINTANG, ACEH BESAR, INDONESIA.
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