U.S. existing home sales rise to 6-1/2 year high

By Qiong (June) Zhang61 Comments


U.S. home resales hit a 6-1/2 year high in August as buyers flocked back to the market to lock in cheap borrowing costs amid rising mortgage rates, a signal of continued strength in the housing market recovery.

The National Association of Realtors said on Thursday existing home sales increased 1.7% to an annual rate of 5.48 million units last month.

The Federal Reserve cited tighter financial conditions as one reason for its decision this week not to taper its stimulus program aimed at supporting growth, a surprise to investors and economists who had expected it to scale back bond-buying. Slower asset purchases would have pushed mortgage rates even higher.

The months’ supply remained below the 6.0 months that is normally considered as a healthy balance between supply and demand. The U.S. housing market had been impacted by tight supplies in some parts of the country.

Investors bought 17% of homes in August, with first-time buyers accounting for 28% of the transactions.


61 Comments to “U.S. existing home sales rise to 6-1/2 year high”

  1. Fpfxex says:

    order doxycycline generic – buy generic plaquenil buy chloroquine without prescription

  2. Terrell says:

    I’m not sure the place you’re getting your info, however great topic.
    I needs to spend some time finding out more or understanding more.
    Thank you for fantastic information I used to be looking for this information for my mission.

  3. Ffotho says:

    furosemide drug – azithromycin pills zithromax ca

  4. Szizue says:

    isotretinoin 40mg drug – amoxil 250mg usa amoxicillin 1000mg tablet

  5. hi says:

    After I initially commented I appear to have clicked the -Notify me when new comments are added- checkbox and now whenever a comment is added I recieve 4 emails with the same comment. Is there a means you are able to remove me from that service? Thank you!|

  6. Xdpdbo says:

    best drug for ed – order prednisone 40mg online cheap order prednisone 10mg online cheap

  7. Guqujl says:

    brand viagra – order tadalafil 5mg tadalafil 40mg oral

  8. Gay says:

    Hey I know this is off topic but I was wondering if you knew of
    any widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite
    some time and was hoping maybe you would have some experience
    with something like this. Please let me know if you run into anything.
    I truly enjoy reading your blog and I look forward to your new updates.

  9. Shirleen says:

    Aw, this was a really good post. Taking the time and actual effort to generate a really
    good article… but what can I say… I procrastinate a lot and never manage to get anything done.

  10. Ckgwzm says:

    purchase dutasteride generic – avodart 0.5mg generic buy cialis pill

  11. Harriet says:

    Hey very interesting blog!

  12. Donnell says:

    For most recent information you have to go to see web and on the web I found this website as a most excellent web page for
    hottest updates.

  13. Cxpjch says:

    topamax 100mg brand – cheap topamax 100mg order sumatriptan without prescription

  14. I was just telling my friend about that.

  15. Tdeqyz says:

    order generic tadalafil 20mg – generic losartan 50mg warfarin 2mg us

  16. Scsovz says:

    cialis 10mg pill – brand viagra pills viagra 50mg cost

  17. Dfncwf says:

    buy lasix 100mg online cheap – lasix order online cheap viagra for sale

  18. Tbsugk says:

    isotretinoin 40mg cheap – accutane price buy zithromax generic

  19. Fbfkgu says:

    provigil brand – men’s ed pills causes of ed

  20. Wajfhr says:

    buy cialis 10mg pill – Buy cialis cheap generic cialis

  21. Ktgpjh says:

    buy nexium without prescription – buy nexium 20mg online cheap buy phenergan online

  22. Bykumg says:

    buy sildenafil 100mg – buy viagra 50mg pills viagra professional

  23. Ajomoz says:

    buy sildenafil 50mg for sale – sildenafil online order buy clopidogrel 75mg generic

  24. Jkkdvh says:

    colchicine usa – strattera 25mg pills strattera 10mg pill

  25. Pajfww says:

    buy generic toradol 10mg – cost tizanidine 2mg purchase lioresal pills

  26. Fzeliq says:

    order sildenafil – buy tadalafil sale cialis 20mg ca

  27. Neozwy says:

    viagra overnight – lisinopril 2.5mg price cyclobenzaprine cheap

  28. Gfdttj says:

    buy generic ezetimibe 10mg – order celexa pills order celexa 40mg pill

  29. Zlpbrc says:

    order hydroxyzine generic – generic rosuvastatin 20mg rosuvastatin 10mg cost

  30. Xqrkmx says:

    purchase diltiazem without prescription – order generic zovirax order zovirax 400mg generic

  31. Wjsvin says:

    cialis pills 5mg – buy cialis 5mg generic cenforce 50mg price

  32. Kaowsy says:

    order sildenafil 50mg generic – female viagra pill order gabapentin 800mg sale

  33. Mmvror says:

    misoprostol 200mcg canada – prednisolone 10mg drug synthroid sale

  34. Vjvpzq says:

    desloratadine oral – loratadine cost purchase triamcinolone pill

  35. Hhiagr says:

    cheap clomiphene 50mg – ventolin over the counter buy zyrtec 10mg pill

  36. Ocizef says:

    order lyrica 150mg – pregabalin 75mg generic pregabalin 150mg uk

  37. zkspiaq says:

    Ukraine-Russia news Analysis Video

  38. trktuev says:

    news today from Ukraine Ukraine Kiev

  39. jtomzot says:

    Папы 2022 смотреть онлайн Папы 2022

  40. xlbyuxi says:

    фильм онлайн крик крик онлайн

Leave your Comment

Blue Taste Theme created by Jabox