New Home Sales in U.S. Dip in April

New Home Sales in U.S. Dip in April According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes fell 6.7 percent to a seasonally adjusted annual rate of 673,000 units in April 2019 after a sharp upwardly revised March 2019 report.

The supply of homes for sale fell 5.7 percent year over year, the biggest decline since April 2018. Housing inventory is falling even faster than Redfin expected it to, thanks to a dearth of new.

New Home Sales Sales of new singlefamily houses in July 2019 were at a seasonally adjusted annual rate of 635,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

U.S. home-sale prices edged up in April, growing 2.8 percent from a year ago, a 1.8 percent dip in New Haven, CT and a 1.3 percent decline in Seattle.

U.S. Existing Home Sales Unexpectedly Dip 0.4% In April Existing home sales in the U.S. unexpectedly showed a modest decrease in the month of April, according to a report released by the National Association of Realtors on Tuesday.

The inventory of new homes for sale was 332,000 in April, representing a 5.9 months’ supply. The median sales price was $342,200. The median price of a new home sale a year earlier was $314,400. Regionally, and on a year to date basis, new home sales rose 1.3 percent in the Midwest, 6.7 percent in the West and 10.3 percent in the South.

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2018-05-23  · U.S. purchases of new homes fell in April, reflecting a setback in the western part of the country and indicating rising borrowing costs and property.

More Americans bought new homes in April, indicating that the stronger job market is powering the housing sector. The Commerce Department said Tuesday that new-home sales climbed 6.8 percent last.

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New Private Home Sales Volume Takes A Dip In April June 9, 2016 In April, 745 private residential units were sold (excluding ECs) by developers, 11.6% drop from the 843 units sold in March.

3 Things to Know in the Housing Market Today! CMHC defends mortgage stress test changes amid calls for loosening rules – Nanaimo News Bulletin The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from . . .Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.

sales down 3.2 pct * Home Capital shares down 6.5 percent (Adds Home Capital share price) By Andrea Hopkins and leah schnurr ottawa, May 3 (Reuters) – Toronto home prices and new listings surged in.