Home Sales and Building Slump in the Face of Economic Uncertainty

Home sales at 'crisis levels' in sagging market, say realtors

Realtors John Pasalis from Toronto and Steve Saretsky from Vancouver speak about how Canada home sales have sunk to historic lows. Watch now

Home sales and building slump in the face of economic uncertainty

Economic uncertainty has produced a double whammy for the housing market: sluggish home sales and plodding construction. Last month was the slowest April for existing home sales in 16 years — a sharp rebuke to hopes that this spring the housing market would recover after two very sleepy years.In a May survey of builder confidence conducted by Wells Fargo and the National Association of Home Builders, home builder sentiment dropped to a level las…

Pending Home Sales Remain In The House Latitudes (Homebuilder Confidence At 34)

Its like Joe Biden and his bonehead advisors are still gumming up the housing market. Pending home sales in April remains in the house latitudes. NAHB home builder confidence remains below 50 at 34. Is the music over for the housing market? High housing prices, high mortgage rates, restrictive zoning all hinder markets.

BLK ALERTS - ‘We’re in a holding pattern’: Home sales and building slump in the face of uncertainty

Would-be homebuyers are finding lots of reasons to wait. (Image credit: Ross D. Franklin)

GTA New Home Sales Hit (Another) Historic Low, Surpassing 1990 Downturn

A mere 310 new homes sales were recorded across the entire GTA this April — the seventh consecutive month where sales hit historic lows, surpassing the infamous 1990 downturn.

Home Sales And Building Slump In The Face Of Uncertainty

The U.S. housing market in 2025 is grappling with a significant slump in both home sales … Home sales and building slump in the face of uncertaintyRead more The post Home sales and building slump in the face of uncertainty first appeared on Real News Hub.