• A Few Comments on April Existing Home Sales

    2 monthes ago - By Calculated Risk

    Earlier: NAR: "Existing-Home Sales Slide 2.5 Percent in April"
    A few key points:
    1) As usual, housing economist Tom Lawler's forecast was closer to the NAR report than the consensus. See: Lawler: Early Read on Existing Home Sales in April .
    2) Inventory is still very low and falling year-over-year with inventory down 6.3% year-over-year in March). This was the 35th consecutive month with a year-over-year decline in inventory, however the YoY declines have been getting smaller. And some areas of the country are now reporting YoY increases in inventory.
    More inventory would probably mean...
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  • It sounds like Google has finally caught up to Amazon in the smart-speaker wars for the first time ever

    It sounds like Google has finally caught up to Amazon in the smart-speaker wars for the first time ever

    2 monthes ago - By Business Insider

    Google outsold Amazon in smart speaker sales for the first time last quarter, according to new data from analytics firm Canalys.
    Google sold 3.2 million Google Home and Google Home Mini devices, while Amazon sold 2.5 million Echo devices, according to Canalys.
    Google and Amazon have been battling it out for years, but Amazon smart speakers have outsold Google for the last four quarters in a row.
    Google's bid to catch up to Amazon in the smart speaker market is finally paying off.
    According to new data from analytics firm Canalys , Google has taken the lead for the first time, shipping...
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  • Existing-home sales drop 1.4%, the second straight month of declines

    Existing-home sales drop 1.4%, the second straight month of declines

    2 monthes ago - By Inman

    Existing-home sales decreased 2.5 percent to a seasonally adjusted annual rate of 5.46 million in April - down from 5.60 million in March, the National Association of Realtors reported today.
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  • U.S. Existing-Home Sales Drop in April

    2 monthes ago - By Economy

    Residential investment is off to a slow start this quarter.
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  • Zillow: home value appreciation is at its highest since June 2006

    2 monthes ago - By Inman

    Home values have risen 8.7 percent year-over-year to a median of $215,600 in April - only 0.3 percentage points from the previous peak in June 2006, according to Zillow's latest Real Estate Market Report, released Thursday.
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  • SuperData: Digital game spending grew 23% to $9.09 billion in April

    SuperData: Digital game spending grew 23% to $9.09 billion in April

    2 monthes ago - By Venture Beat

    Digital video game sales generated $9.09 billion in revenue in April, up 23 percent year-over-year from $7.42 billion, according to analyst firm SuperData Research. The bump in revenue came from console and mobile spending. Console games revenue was up 44 percent thanks to Epic's hit battle royale title Fortnite as well as Santa Monica Studio...
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  • NAR: "Existing-Home Sales Slide 2.5 Percent in April"

    NAR: "Existing-Home Sales Slide 2.5 Percent in April"

    2 monthes ago - By Calculated Risk

    From the NAR: Existing-Home Sales Slide 2.5 Percent in April
    After moving upward for two straight months, existing-home sales retreated in April on both a monthly and annualized basis, according to the National Association of Realtors®. All four major regions saw no gain in sales activity last month.
    Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 2.5 percent to a seasonally adjusted annual rate of 5.46 million in April from 5.60 million in March. With last month's decline, sales are now 1.4 percent...
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