Home slump
 

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Existing home sales slump in November

2015-12-29 10:32:45| Real Estate - Topix.net

Sales of previously owned homes slumped in November to the lowest level since April 2014 as a change in industry rules lengthened the amount of time it took buyers to close on a deal. Closings on existing homes, which usually take place a month or two after a contract is signed, declined 10.5 percent to a 4.76 million annual rate after a revised 5.32 million pace in October, the National Association of Realtors said last week.

Tags: home november sales existing

 

Dow Jones Industrial Average Down 74 Points as Oil Prices Slump

2015-12-29 05:11:58| Auto Parts - Topix.net

Dow Jones Industrial Average futures were down 74 points as oil prices slumped again over the Christmas holiday. Trading volumes are expected to remain low today with many markets around the globe closed, including exchanges in London, Ireland, Australia, and Canada.

Tags: average prices points industrial

 
 

Oil slump weighing on housing markets in Texas, North Dakota

2015-12-29 01:27:51| Real Estate - Topix.net

There's a dark side to those delightfully low gas prices: Housing markets are slumping in communities that were recently flush from the U.S. shale oil fracking boom. Home sales are down sharply this year in North Dakota and the West Texas cities of Midland and Odessa.

Tags: north texas oil markets

 

US home sales slump in November

2015-12-22 19:08:30| BBC News | Business | UK Edition

The rate of US home sales fell 10.5% in November as buyers struggled with new regulation.

Tags: home november sales slump

 

Sales of Existing Homes Slump on Delayed Contract Closings

2015-12-22 18:26:55| Real Estate - Topix.net

Sales of previously owned homes slumped in November to the lowest level since April of last year as a change in industry rules lengthened the amount of time it took buyers to close on a deal. Closings on existing homes, which usually take place a month or two after a contract is signed, declined 10.5% to a 4.76 million annual rate after a revised 5.32 million pace in October , the National Association of Realtors said Tuesday.

Tags: sales existing homes contract

 

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