


WASHINGTON (Reuters) - U.S. existing home sales tumbled to a two-year low in May as prices jumped to a record high - topping the $400,000 mark for the first time - and as mortgage interest rates increased further, sidelining first-time buyers from the market.
Existing home sales fell 3.4% to a seasonally adjusted annual rate of 5.41 million units last month, the lowest level since June 2020 when sales were rebounding from the COVID-19 lockdown slump, the National Association of Realtors said on Tuesday. It was the fourth straight monthly sales decline.
Economists polled by Reuters had forecast sales decreasing to a rate of 5.40 million units. Sales rose in the Northeast, but fell in the Midwest, the West and densely populated South.
Home resales, which account for the bulk of U.S. home sales, tumbled dropped 8.6% on a year-on-year basis.
May's sales were mostly closings on contracts signed one to two months ago before mortgage rates started accelerating amid a surge in inflation expectations and aggressive interest rate hikes from the Federal Reserve.
The 30-year fixed-rate mortgage jumped 55 basis points last week to a 13-1/2-year high average of 5.78%, according to data from mortgage finance agency Freddie Mac (OTC:FMCC). That was the largest one-week increase since 1987. The rate has surged more than 250 basis points since January.
The housing market, the sector most sensitive to interest rates, is losing speed. But this could help to bring housing supply and demand back into alignment and lower prices.
The median existing house price accelerated 14.8% from a year earlier to an all-time high of $407,600 in May. Sales remained concentrated in the upper-price end of the market amid a paucity of entry-level houses.
The NAR revised house prices going to 2021 after data for the West was incorrectly captured.
There were 1.16 million previously owned homes on the market, up 12.6% from April and down 4.1% from a year ago. With demand cooling, monthly supply is likely to continue steadily improving. The government reported last week that housing completions in May increased to the highest level since 2007, while the backlog of homes yet to be built hovered near record highs.
At May's sales pace, it would take 2.6 months to exhaust the current inventory of existing homes, up from 2.5 months a year ago. A six-to-seven-month supply is viewed as a healthy balance between supply and demand.
Properties typically remained on the market for 16 days First-time buyers accounted for 27% of sales. All-cash sales made up 25% of transactions.
EUR/USD
1.0715
-0.0004 (-0.04%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (10)
EUR/USD
1.0715
-0.0004 (-0.04%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (10)
GBP/USD
1.2341
+0.0001 (+0.01%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (1)
Sell (7)
USD/JPY
140.31
-0.29 (-0.21%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (8)
Sell (0)
AUD/USD
0.6540
+0.0018 (+0.28%)
Summary
↑ SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (3)
Sell (6)
USD/CAD
1.3597
-0.0014 (-0.10%)
Summary
NeutralMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (2)
Sell (5)
EUR/JPY
150.33
-0.42 (-0.28%)
Summary
NeutralMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (5)
Sell (2)
EUR/CHF
0.9682
-0.0027 (-0.28%)
Summary
NeutralMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (4)
Sell (3)
Gold Futures
1,963.30
+0.20 (+0.01%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (2)
Sell (6)
Silver Futures
23.400
+0.040 (+0.17%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (10)
Sell (1)
Copper Futures
3.6813
-0.0007 (-0.02%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (10)
Sell (1)
Crude Oil WTI Futures
72.64
-0.03 (-0.04%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (4)
Sell (5)
Brent Oil Futures
76.83
-0.15 (-0.19%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (4)
Sell (7)
Natural Gas Futures
2.447
+0.030 (+1.24%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
US Coffee C Futures
180.75
-1.95 (-1.07%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Euro Stoxx 50
4,334.35
-3.15 (-0.07%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (7)
S&P 500
4,205.45
+54.17 (+1.30%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (2)
Sell (9)
DAX
15,988.45
+4.48 (+0.03%)
Summary
NeutralMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (6)
Sell (1)
FTSE 100
7,627.20
+56.33 (+0.74%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (0)
Sell (8)
Hang Seng
18,551.11
-195.81 (-1.04%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (3)
US Small Cap 2000
1,773.02
+18.42 (+1.05%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
IBEX 35
9,184.16
-6.94 (-0.08%)
Summary
NeutralMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (8)
Sell (2)
BASF SE NA O.N.
46.945
+0.035 (+0.07%)
Summary
↑ BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (6)
Sell (2)
Bayer AG NA
54.65
+0.25 (+0.46%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (1)
Allianz SE VNA O.N.
207.33
-0.07 (-0.03%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (7)
Adidas AG
155.07
-0.37 (-0.24%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Deutsche Lufthansa AG
9.238
+0.016 (+0.17%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Siemens AG Class N
156.57
-0.11 (-0.07%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (8)
Deutsche Bank AG
9.705
-0.037 (-0.38%)
Summary
↑ SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (0)
Sell (6)
EUR/USD | 1.0715 | ↑ Sell | |||
GBP/USD | 1.2341 | ↑ Sell | |||
USD/JPY | 140.31 | ↑ Buy | |||
AUD/USD | 0.6540 | ↑ Sell | |||
USD/CAD | 1.3597 | Neutral | |||
EUR/JPY | 150.33 | Neutral | |||
EUR/CHF | 0.9682 | Neutral |
Gold | 1,963.30 | Sell | |||
Silver | 23.400 | ↑ Buy | |||
Copper | 3.6813 | ↑ Buy | |||
Crude Oil WTI | 72.64 | ↑ Sell | |||
Brent Oil | 76.83 | ↑ Sell | |||
Natural Gas | 2.447 | ↑ Buy | |||
US Coffee C | 180.75 | ↑ Sell |
Euro Stoxx 50 | 4,334.35 | ↑ Sell | |||
S&P 500 | 4,205.45 | ↑ Sell | |||
DAX | 15,988.45 | Neutral | |||
FTSE 100 | 7,627.20 | ↑ Sell | |||
Hang Seng | 18,551.11 | Neutral | |||
Small Cap 2000 | 1,773.02 | ↑ Buy | |||
IBEX 35 | 9,184.16 | Neutral |
BASF | 46.945 | ↑ Buy | |||
Bayer | 54.65 | ↑ Buy | |||
Allianz | 207.33 | ↑ Sell | |||
Adidas | 155.07 | ↑ Sell | |||
Lufthansa | 9.238 | ↑ Sell | |||
Siemens AG | 156.57 | ↑ Sell | |||
Deutsche Bank AG | 9.705 | ↑ Sell |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 6,640![]() ![]() (-5 ![]() ![]() |
SJC HCM | 6,640![]() ![]() (5 ![]() ![]() |
SJC Hanoi | 6,640![]() ![]() (5 ![]() ![]() |
SJC Danang | 6,640![]() ![]() (5 ![]() ![]() |
SJC Nhatrang | 6,640![]() ![]() (5 ![]() ![]() |
SJC Cantho | 6,640![]() ![]() (5 ![]() ![]() |
Cập nhật 29-05-2023 16:49:12 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$1,945.77 | +1.8 | 0.09% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 22.270 | 22.710 |
RON 95-III | 21.490 | 21.910 |
E5 RON 92-II | 20.480 | 20.880 |
DO 0.05S | 17.950 | 18.300 |
DO 0,001S-V | 18.810 | 19.180 |
Dầu hỏa 2-K | 17.960 | 18.310 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $72.68 | -7.84 | -0.10% |
Brent | $76.84 | -7.79 | -0.09% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 23.280,00 | 23.650,00 |
EUR | 24.526,45 | 25.899,79 |
GBP | 28.234,82 | 29.438,76 |
JPY | 162,18 | 171,70 |
KRW | 15,30 | 18,65 |
Cập nhật lúc 16:40:06 29/05/2023 Xem bảng tỷ giá hối đoái |