New-home sales declined more than forecast in December

Purchases of new homes dropped more than. in December. There were 238,000 new houses on the market at the end of January, the most since October 2009. The median sales price of a new house decline.

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"Sales of existing homes in the U.S. fell more than forecast in December, capping the biggest yearly slump in more than a generation. purchases fell 2.2 percent to an annual rate of 4.89 million, the National Association of Realtors said today in Washington. For all of last year, sales of single-family homes declined 13 percent, [.]

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Housing pulse check December 2017 Headline New Home Sales Decline – The headlines say new home sales declined and was well below market expectations. to select approximately 900 building permit-issuing offices, and a sample of more than 70 land areas not covered by.

We had a very disappointing report on December new home sales today. New home sales declined 10 percent in December from November to a seasonally adjusted annualized rate of 536,000. That December.

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New Home Sales Fall More Than Expected in April. More.. Economists polled by Reuters had forecast new home sales, which account for about 10% of housing market sales, would decrease 2.8% to a.

Highlights of New-Home Sales (December) Single-family home sales fell 9.3% m/m, the most since Aug. 2016, to 625k annualized pace (est. 675k) after 689k rate (revised from 733k) Median sales price.

Purchases of new homes dropped more than forecast in January as contract signings slumped in the western United States by the most since May 2010. Sales declined 9.2% to a 494,000 annualized pace.

Housing Starts Decline to Two-Year Low in December Bloomberg News U.S. new-home construction in December fell to the lowest since September 2016, as builders held back during a turbulent month for.

New home sales are projected. high benchmark in December 2015, and it is not yet clear if the recent rise in interest rates is having an impact on applications for new homes. Looking forward to.

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Sales of new U.S. single-family homes fell more than expected in. new homes on the market in January, down 1.5 percent from December.

Sales of new U.S. homes dropped more than forecast in. Poor’s 500 Index declined 0.5 percent to 1,781.56 at the close in New York. The median forecast of 75 economists surveyed by Bloomberg called.