Mortgage News

New Home Sales Down 6.9% in April

Still, sales were up from a year earlier and up for all of 2017. Sales of new single-family houses in December 2017 were at a seasonally adjusted annual rate of 625,000, 9.3% below the revised november rate of 689,000 but 14.1% above the December 2016 estimate of 548,000, according to estimates released jointly today by the U.S.

New home sales down 0.6% in February 10:00 AM ET Fri, 23 March 2018 CNBC’s Rick Santelli and Diana Olick report the latest read on new home sales and median home prices.

New Home Sales Down 1.5% In April. This is 1.5 percent (11.8 percent)* below the revised March rate of 672,000, but is 11.6 percent (23.7 percent)* above the April 2017 estimate of 593,000. The median sales price of new houses sold in April 2018 was $312,400. The average sales price was $407,300. [ Full Report]

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The number of new homes for sale at the end of the month was little changed at 333,000. The supply of homes at the current sales rate increased to 6.4 months from 5.9 months in April.

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The April decline in sales relieved housing inventory conditions slightly, with. New Home Sales Down 6.9% in April – – This morning’s release of the April New Home Sales from the Census Bureau came in at 673K, down 6.9% month-over-month from a revised 723K in March.

Australia’s current rate of 1.5% last moved in August 2016, and a 25-basis point drop would bring the cash rate down to a historic. Bounces Back This Spring Home sales in Toronto, Canada, rose year.

New Pending Sales are up 10.7% and New Listings are down -5.9%.. is up 6.9 % to 3.1 months, an increase from 2.9 months in April 2018.

The National Association of Realtors reports its Pending Home Sales Index (PHSI), which is based on contract signings, fell 1.3% in April to 109.8 from March’s downwardly revised 111.3.

This morning’s release of the April New Home Sales from the Census Bureau came in at 662K, down 1.5% month-over-month from a revised 672K in March. The forecast was for 680K. Revisions were made going back to 2013 for seasonally adjusted figures.Here is the opening from the report: Sales of new single-family houses in April 2018 were at a seasonally adjusted annual rate of.

Written by Tim Ellis on April 22, 2019. . As a result, home sales are down in metros throughout the state.”. Orlando data from the Price, Sales, Inventory and New Listings tables at the end of this post. Birmingham, AL, 1,526, 44.9%, 6.9 %.

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