Sales are up 4.3% from a year ago. Sales fell in the South, West and Midwest, but rose in the Northeast. The months’ supply of new homes (how long it would take to sell all the homes in inventory) rose to 6.4 months in July from 5.5 months in June. The gain was due to both the slower pace of sales and an increase in
May Gains for New Home Sales By Robert Dietz on June 23, 2017 (). Contracts for new home sales expanded by 2.9% in May to a 610,000 seasonally adjusted annual rate, according to estimates from the joint data release of HUD and the Census Bureau.
In another distressing example of the weakness of the US economy, Reuters just reported that "New Home Sales Unexpectedly Fell in February", declining another 2.2% in February 2010 to 302,000 units, a fourth straight month of declines and a fresh all-time low since records began in 1963: Sales of newly built U.S. single-family homes fell for a fourth straight month to a record low in.
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Investors took inspiration from the Dow Jones Industrial Average’s 2.2% rise Wednesday, its third-biggest one-day gain this year, helped by a better-than-expected pending home sales. May came to 11.
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New-home sales rise 2.2% in May to fastest pace in more than 7 years. The supply of new homes was 4.5 months at May’s sales pace, down from 4.6 months in April. Economists caution over reading.
Team Tracey Tipton Our mission is to empower consumers with information to make smart decisions. Team Tracey Tipton is a real estate marketplace dedicated to helping homeowners, home buyers, sellers and agents find and share information about homes, real estate and home improvement.. May new home sales gain 2.2% from April Sales of new.
Although the new home sales report for May showed a 2.2% gain from April, the gain was driven entirely by what I believe to be highly.
Contracts for new, single-family home sales in the U.S. declined in June, falling 5.3% to a 631,000 seasonally adjusted annual rate according to estimates from the joint release of HUD and the.