Pace of new-home sales suggests steady housing strength

The gain speaks well for the strength of the economy as 2019 begins. New home sales rebounded in November , gaining 16.9% with a bounce in new homes sold but not started. sales prices fell, with the median price down 11.9% from last year.

Pace of U.S. New-Home Sales suggests steady housing Strength . The housing markets across the country haven’t been this stable in over a decade. lacie-hicks.cb1.so The U.S. housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast.

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New home starts slowed in Southwest Florida during early 2019, but closings showed renewed strength. Retiree demand should keep the regional housing market stable. "After several months of steady.

Putin pins housing hopes on mortgage factory modeled on U.S. Well, let me just start by getting this on the record: "Good lord, man, I can’t support that." (And, yes, the version I remember is the "nun-beating" one.) But while this is nasty behavior (see CBS.

March New Home Sales: Is March’s strong sales pace Sustainable? New home sales rose to an annual rate of 621,000 units in March from February’s revised sales rate of 587,000 units. Months supply of inventory stands at 5.2 months; the median new home sale price rose by 1.2 percent on a year-over-year basis.

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May New Home Sales: Slowly But Steadily, New Home Sales Climb Higher. New home sales rose to an annual rate of 689,000 units in May from April’s revised sales rate of 646,000 units. Months supply of inventory stands at 5.2 months; the median new home sale price fell by 3.3 percent on a year-over-year basis.

The U.S. housing market is stabilizing near 10-year highs, according to government data July 26 that showed sales of new homes were slightly less than forecast. Pace of US New-Home Sales Suggests.

Overall, the “increase in new home sales is in line with our forecast for a steady, gradual recovery of the housing market," says Granger MacDonald, chairman of the NAHB. "However, the pace of growth may be hampered by supply-side headwinds, such as shortages of lots and labor." Original Article Link

The pace of single-family construction and new home sales in early November has been similar to October. Most District builders report that construction has been flat to slightly down compared with a year ago, while new home sales have declined somewhat from last year’s record highs.