On the macro front, Canada’s new housing price index unexpectedly slid 0.1% on a yearly basis. is expected to be determined by Canada’s manufacturing shipments for January and existing home sales.
Sales of new, single-family homes decreased to a seasonally adjusted annual rate of 593,000 in January. This is down 7.8% from December’s rate of 643,000 and down 1% from January 2017’s estimate of.
Amazon is a long way from settling down in its chosen N.Y. home REI Leases 39,000 SF in SoHo . National Outdoor Retailer Opens First NYC Location. Recreational Equipm ent Inc. (REI) signed a 39,000-square-foot lease in the Puck Building at 295-309 Lafayette St. in Manhattan. The outdoor retailer plans to open its first New york city location in fall 2011.
The estimate of new houses for sale at the end of January was 301,000, representing 6.1 months of supply at the current sales rate. Last Wednesday, the National Association of Realtors released a separate report unexpectedly showing a significant decrease in existing home sales in January.
Existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month. March’s sales pace was unrevised at 5.21 million units. economists polled by Reuters had forecast existing home sales rising 2.7% to a rate of 5.35 million units in April.
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Consumer outlook not to blame for slowing existing-home sales Existing Home Sales occurs when the mortgage is closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed. . This page provides the latest reported value for – United States Existing Home Sales – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Sales of previously owned U.S. homes unexpectedly fell in January to a four-month low. compared with 33 percent a year earlier. January’s drop in existing home sales seems to be a payback for the.
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New-home sales decline in January to three-month low New Home Sales Decline By Michael Neal on May 23, 2018 (). Sales of new homes fell by 1.5 percent over the month of April to a seasonally adjusted annual rate of 662,000. According to the report released by the Census Bureau and the Department of Housing and Urban Development, the small monthly decline partly reflected a downward revision to the estimate of new home sales in March from.
U.S. home sales unexpectedly fell in April amid persistent weakness in the lower-priced segment of the market, which has experienced an acute shortage of properties. The National Association of Realtors said existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month.
Median sales price increased 5.8% y/y to $240,500 Inventory of available properties fell 9.5% y/y to 1.52m, lowest for January since records began in 1999. Sales growth is limited by an acute shortage of inventory, which is pushing up home prices faster than wage growth.
Canadian home sales climb in July on Toronto gains · Condominium and townhome sales are strong in Toronto, and there’s now less of a price difference between freeholds and townhomes. The sale of homes priced below $1 million is expected to remain strong in 2019, while homes priced over $1.5 million will be weaker overall.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.