New-home sales decline in January to three-month low

The median price of a new home sold in January was down nearly 4 percent annually, according to the U.S. Census. That was not necessarily because builders were lowering prices, but because a larger share of entry-level homes sold that month. Sales in January fell to a three-month low.

 · Existing-Home Sales Fall to 3-Year Low. Economists surveyed by Bloomberg had projected a 1.5 percent decline in sales to a 5.24 million pace.. New home sales make up the remainder of the.

US New Home Sales at 8-Month Low. Sales of new single-family houses in the United States declined 5.3 percent from the previous month to a seasonally adjusted annual rate of 631 thousand in June of 2018, following a downwardly revised 3.9 percent gain in May.

Sales Price. The median sales price of new houses sold in June 2018 was $302,100. The average sales price was $363,300. For Sale Inventory and Months’ Supply. The seasonally-adjusted estimate of new houses for sale at the end of June was 301,000. This represents a supply.

New home sales in the midwest slipped in June to a seasonally-adjusted annual rate of 56,000 homes, a decline of 11.1 percent from the month before when sales were at a rate of 63,000 homes, according to a report just released by the U.S. Commerce Department.

New Home Sales Decline By Michael Neal on May 23, 2018 Sales of new homes fell by 1.5 percent over the month of April to a seasonally adjusted annual rate of 662,000.

Housing starts fall more than expected, permits steady Rebuilding after fires destroyed homes in parts of California was also expected. more than a 10-year high in the West. Last month, starts for the volatile multi-family housing segment fell 5.1.

New home sales took a tumble for the second month in a row, falling 7.8 percent from December to a seasonally adjusted annual rate of 593,000 units. Year-over-year it was a more modest decline.

Rising prices narrow home value perception gap in September On average, a homeowner suspicion his or her home was value 1.14% above a appraised value, compared with a 1.35% opening for Aug and a 1.26% opening in Sep 2016, according to Quicken’s Home Price Perception Index.Trump nominates affordable housing official as HUD general counsel Senate Banking Committee Approves Administration’s HUD Nominees Published on July 31, 2017 by Glenn Gallo The Senate banking committee voted during executive session July 27 to approve the nominations of six Trump Administration nominees for positions in the Departments of Housing and Urban Development (HUD), Treasury, and Commerce.

Existing-Home Sales Decline in September New home sales drop to three-month low. NSW had the largest rise in sales of detached new homes in May, up 13.6 per cent, while South Australia rose 2.1 per cent. Queensland had the largest decline in sales, down 12.3 per cent, Western Australia was down 10.7 per cent and Victoria fell 8.5 per cent.

Sales of new single-family homes fell 8 percent year over year in January, the fifth consecutive month of year-over-year declines in new-home sales. But the size of the drop was smaller than in December in all regions except the West, where sales fell by more in January than they did the month before.

Mortgage application volume drops after rate hike “This marks the first time since 2014 that mortgage rates opened the year above 4 percent. Despite this week’s breather, the 66-basis point increase in the. “Mortgage application volume typically.