Existing-home sales ease more than forecast to 5.2 million

New-home sales declined more than forecast in December MERS owner to acquire Simplifile as mortgage eNote usage grows ICE will pay $335 million to acquire Simplifile with the deal expected to close in the third quarter. Simplifile will continue to operate under that name and maintain its headquarters in Provo, Utah; it has 200 employees. ice acquired full control of MERS last October. The holding company is also the owner of the New York Stock Exchange.New home sales increased 14.5% through November. Consumer confidence also improved, with the University of Michigan’s Index of Consumer Sentiment averaging 92.9 in 2015-the highest since 2004. Consumer spending, which accounts for more than two-thirds of.

The National Association of Realtors. more volatile around this time of the year. Also worth mentioning is the fact that the January sales pace charted higher than expected. The NAR existing-home.

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At an annualized pace of 17.6 million units, automobile sales are well above pre-crisis levels. Existing home sales have sharply rebounded to 5.69 million units in January 2017, growing at their fastest pace in almost a decade. Policy choices by the new U.S. administration.

Sales of previously owned U.S. homes eased more than forecast in March, suggesting the housing market is still finding its footing after a weak 2018. Contract closings decreased to a 5.21 million annual rate, falling 4.

California Home Prices Are Soaring. Here's Why Economists polled by Reuters had forecast existing home sales rising 1.5 percent to a rate of 5.52 million units. staying longer than 10 years in their first home. There is, however, cautious.

Our forecast of 2 percent is in line with most forecasts (the Fed’s forecast is 1.5 percent, the Office of Management and Budget’s is 2.2 percent, and the Organization for Economic Cooperation and Development’s is 1.9 percent). However, there are some headwinds: Valuation: P/E ratios are above their long-run averages. The S&P 500 P/E ratio is 24, above its long-term average of 15.9.

"To put it in perspective, there were 37 million more people in the U.S. last year compared to 2000, yet existing-home sales that year were higher (5.2 million) than last year (4.9 million)."

Meanwhile, a separate report shows that home values posted their largest gain in more than. existing home sales in the united states jumped 5.9 percent last month to a seasonally adjusted annual.

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Millennials emerge as a bulwark against Canada housing bust Fiserv acquires LOS vendor PCLender Tax reform had an effect on nearly half of homebuyers: redfin fiserv acquired los vendor Del Mar Database in 2005, only to sell it back to its previous owner three years later, which sold it again to Ellie Mae in 2011. And of course, this isn’t the first time fidelity national financial has owned the mortgage servicing automation, analytics and lending technology that make up Black Knight.Millennials are flooding into Canadian cities, signalling housing won’t go bust any time soon RBC report says a high number of millennials, mostly from abroad, are moving to Toronto, Vancouver and.

The average sales price was $377,200. For Sale Inventory and Months’ Supply The seasonallyadjusted estimate of new houses for sale at the end of May was 333,000. This represents a supply of 6.4 months at the current sales rate. The June report is scheduled for release on July 24, 2019.