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a sharp reversal from an annualized gain of 13.6% in May 2018. There are signs in the National Association of Realtors report on existing home sales that lower mortgage rates might lift prices..
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Prior was 626K (revised to 604K) Sales up 7% m/m Median prices $310.4K vs $310.5K prior Supply at 6.3 months vs 6.7 months.
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Washington (AFP) – Sales of new US homes rose last month but the gains. sales could rise in the latter half of 2019. He.
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Another draw – a recent decline in mortgage costs, with the federal reserve widely expected to cut its benchmark interest.
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