New-home sales climb for a third straight month in March

Unsold inventory is at a 3.6-month supply at the current sales pace (3.8 months a year ago). According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February.

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WASHINGTON – Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states. New-home sales slipped 1.5 percent last.

WASHINGTON – Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing. For the first three months of 2019, new-home sales were 1.7% higher than the same.

The Ten-X hotel nowcast bounced back from two straight months of decline, climbing 1.6 percent in March, the strongest increase of any property segment. While hotel pricing had slipped below its year-ago figures in February, the strong performance was enough to push the index to 0.5 percent higher than a year ago.

Worries over trade could affect mortgage application activity: MBA Interest rates on other types of home loans MBA tracks were mixed from the previous week. mortgage rates have fallen in step with lower U.S. Treasury yields on worries about slowing economic growth and trade tension between China and the United States, the world’s two biggest economies.

The inventory of new home sales for sale was 301,000 in March, which is a 5.2-month supply at the current sales pace. The median sales price of new houses sold was $337,200.

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U.S. new home sales fall for third straight month in February. At February’s sales pace it would take 5.9 months to clear the supply of houses on the market, the most since August 2017 and up from 5.8 months in January. About two-thirds of the houses sold last month were either under construction or yet to be built.

WASHINGTON (Reuters) – Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices. The third straight monthly. home sales in the.

New Home Sales Tumble For 3rd Straight Month – Worst Streak In 4 Years. New home sales are up just 0.5% YoY. Purchases rose in two of four U.S. regions, including a 9 percent gain in the biggest region, the South; sales fell 17.6 percent in second-largest region, the West And while existng home sales popped,

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1 of 2 Sales of new homes in the united states forged higher for the third straight month in March, hitting the fastest pace since July, the Commerce Department reported. The acceleration came as.