Archive for the 'tax credit' Category

NAR reports further fall in US home sales in June

The National Association of Realtors (NAR) has today revealed a further fall in sales of previously owned homes in the US for the month of June – the second consecutive monthly fall.
The industry body said sales fell 5% in June to an annual rate of 5.37 million units.
While the figure is 9.8% higher than a [...]

US home builder confidence slumps in July

The National Association of Home Builders (NAHB) today revealed a fall in confidence, sending shares lower.
Wall Street experienced falls after the US home builder sentiment index fell in July to the lowest level since April 2009 after the Government tax credit incentive expired a few months ago.
According to the index, confidence among US home builders [...]

US Pending Home Sales Index plunges in May

The National Association of Realtors (NAR) today said its Pending Home Sales Index fell by 30% in May, after rising 23% between January and April.
The slump was attributed to the expiration of a Government incentive – which ended on 30 April.
While a fall in deals was anticipated, it was double the amount that analysts had [...]

US Pending Home Sales Index rises for third straight month

The National Association of Realtors (NAR) today said its Pending Home Sales Index rose for the third consecutive month in April boosted by the expiration of a Government tax credit.
The NAR said the index rose 6% in April – far exceeding the 4.3% rise which many analysts had predicted.
However, the index is 22.4% higher [...]

NAR reports surge in US home sales in April

The National Association of Realtors (NAR) has today revealed a rise in sales of previously owned homes in the US for the month of April, boosted by the expiration of a Government tax credit, which ended last month.
The industry body said sales surged 7.6% in April (a five-month high) to an annual rate of 5.77 [...]

US home sales in surprise fall in January

The National Association of Realtors (NAR) has revealed a fall in sales of previously owned homes in the US for the month of January, suggesting the extension of the $8,000 tax credit for first-time buyers is having little appeal.
The industry body said sales agreements fell 7.6% in January compared with December and the index [...]