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February’s existing home sales data was revised to 11.2 percent, or 5.48 million units, from an earlier reading of 11.8 percent, or 5.51 million. Data on new home. in March, the lowest level since.
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.
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.
US home price gains slow for third straight month. the past eight months. But the sales decline in March was small and many economists said it showed that existing-home sales had likely.
New Home Sales Best Estimates, Inventories Decline – New home sales continued on a winning streak in March, increasing for the third straight month. The U.S. Census Bureau and the Department of Housing and Urban Development said sales of newly.
New-home sales slipped 1.5 percent last month to a seasonally adjusted annual rate of 511,000AP | April 26, 2016, 15:30 IST WASHINGTON: Americans stepped back from buying new homes in March, the third.
Slowdown in housing market is helping landlords raise rents It may be hard to believe, but 2019 is right around the corner. And economists and real estate experts are already predicting what a new year will bring to the housing market. Both nationally and.
New Home Sales Tumble For 3rd Straight Month – Worst Streak. – After a surprise rebound in existing home sales (even as condo sales slumped), new home sales were expected to rebound in Feb from their 7.8% plunge in January, but grossly disappointed, dropping 0.6% MoM – the 3rd monthly drop in a row.. This is the first time new home sales declined for 3 straight months since Q1 2014
The Commerce Department reported Wednesday that sales of new U.S.single-family homes rose for a third straight month in October. Sales gained 0.7 percent to a seasonally adjusted annual rate of 458,000 units. Compared to October last year, sales were up 1.8 percent. New home sales, which account for about 8 percent of the [.]
The median sales price has increased just 1.2 percent over the past year to $311,400 in March. New-home sales jumped last month in the Northeast and West, grew modestly in the South and fell in.