Consumer outlook not to blame for slowing existing-home sales

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With mobility on the decline, existing home sales might not have that much more room to improve. A recent report by the National Association of Realtors showed repeat homebuyers expect to live in their current home for 15 years (first-timers expect to remain in their home 10 year), up from 9 years (6 years) in 2006.

But it is not the only big player facing pressure as the worldwide market for smartphones sees a sudden slump after years of high growth. Amid the bleak outlook, India though shone as a bright spot,

Homebuilders fall to 10-month low on sales data, earnings miss Homebuilder sentiment cools from almost 12-year high The National Association of home builders/wells fargo builder sentiment index released Wednesday jumped to. U.S. homebuilder sentiment surges to 12-year high in March – Las Vegas Sun Newspaper.Numbers Speak of Strength Data. both earnings and sales. All homebuilders witnessed higher home sales as demand trends improved. The housing market has done fairly well this year with demand for.

But he and his colleagues said growth appeared to be slowing. The outlook for 2020 is even more bleak, with the Fed now projecting growth of just 1.9 percent. The downbeat assessment comes as the.

Restaurant sales are slowing, and low grocery prices are to blame. We’ve been saying this for some time, of course. But it appears that falling prices at the supermarket prove at least tempting.

New GSE proposal seeks to fill capital void Journals ranging from Time, The New Yorker, The Atlantic and The New Republic to The. TV news operations have become celebrity- and weather-obsessed "profit centers." Cable channels "fill the gap".Sales of existing homes unexpectedly fell in January Warren, Tillis look to enforce GSE salary caps Sales of existing single-family homes fell 1.9 percent in central Indiana in April. an 8.3 percent decline in January and a 6.6 percent drop in December. On a year-to-date basis, closed sales are.

The weak report from the National Association of Realtors (NAR) on Tuesday was the latest indication of slowing economic growth. A survey last Friday showed consumer. not had an impact on home.

It is worth noting that the now stale outlook had already been $2 billion short of previous consensus estimates, suggesting that sales. discretionary consumer spending in this crucial Asian market..

The Consumer Price Index has been mostly stable, at a modest 2% over the past 12 months. And the long-term outlook. sales. What’s new. Network operators are slowing spending on everything, including 5G deployment. "Our 2019 [optical communication sales] outlook has been impacted by a major fiber to the home.

In December, US existing-home sales cratered to 4.99 million. “The housing market usually does not slow down in a vacuum, and a falling housing market may well be the first indication of broader.

Bad Weather To Blame For Consumer Spending Pullback?. Existing-home sales in the U.S. economy declined by 5.1% in January from the previous month.. We are told auto sales are slowing down.