Charleston-area home sales tick up 3% in May after falling the previous 2 months

Next year, home prices are anticipated to increase 3.2 percent year-over-year after finishing 2017 up 5.5 percent year-over-year. Existing home sales are forecast to increase 2.5 percent to 5.60 million homes due in-part to inventory increases, compared to 2017’s 0.4 percent increase or 5.47 million homes.

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(NASDAQ: RDFN) – U.S. home-sale prices edged up 2.8 percent year over year to a median of $307,600 in April, according to a new report from Redfin (, a technology-powered real estate brokerage.This marks a rebound from March’s slight annual price decline and a return to a more sustainable level of price growth than the 7 to 9 percent home price increases seen early last year.

Charleston-area home sales tick up 3% in May after falling the previous 2 months – By Warren L. Wise Lower interest rates and warmer weather halted the slide in home sales in May around Charleston.

last two months are any indication, the Fed is likely going to struggle to achieve its goals. We view fair value yield on the 10-year Treasury bond to be around 3.50% (currently 2.48%) based on our forecast for 2.0% GDP growth plus 1.50% inflation. What has been surprising to us is the rapid rise in yields on long duration bonds in the

This marks the third month of deficits after three consecutive months of surpluses. The smaller trade gap in April was due mainly to the weaker rise in imports (+0.6% vs. 2.1% previous). Exports in April, meanwhile, actually increase at a weaker pace compared to March (+1.8% vs. +3.2% previous).

That same annual figure was up just 0.2% in May 2018.. Shelter prices – the largest component of the index – increased 0.2% in May, after notching gains of 0.4% in the previous two months.

 · After jumping 7% in July, stocks are down more than 3% so far this month, and the major indexes edged lower again last week. Since the end of May, the Nasdaq has lost 4.6%, the S&P 500 is down 2.3.

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Residential real estate transactions ticked up 3 percent from the same month a year ago, according to preliminary data Monday from the charleston trident association of Realtors. The rise in sales comes after a 3 percent decline in April and a 9.1 percent drop in March.