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New home sales fall 0.3% in October

Building permits in the United States rose 0.3 percent from a month earlier to a seasonally adjusted annual rate of 1,269 thousand in May 2019, while markets were expecting a flat reading. It was the second consecutive monthly increase in permits, as single-family authorisations advanced 3.7 percent to 815 thousand.

New Home Sales Sales of new singlefamily houses in May 2019 were at a seasonally adjusted annual rate of 626,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.8 percent (14.7 percent)* below the revised April rate of 679,000 and is 3.7 percent (15.0 percent)* below the May 2018 estimate of 650,000. Sales Price

WASHINGTON (AP) – Sales of new U.S. homes tumbled 5.3 percent in June and the median sales price also slipped, a potentially ominous sign for the U.S. housing market.

Weekly mortgage rates fall further, but only refinance applications rise. New home sales sank 7.8% in May, despite a big drop in mortgage rates. Tue, Jun 25th 2019. Real Estate. Gains in home.

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 · New home sales in the South, which accounts for the bulk of transactions, declined 7.3% in April. Sales in the Midwest dropped 7.4% and those.

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Allen J. Schaben/Los Angeles Times. WASHINGTON-Sales of new homes in the U.S. fell in October. Purchases of newly built single-family homes-a relatively narrow slice of all U.S. home sales-fell 8.9% to a seasonally adjusted annual rate of 544,000 in October, the.

July’s new-home sales figure was originally reported at an annualized rate of 298,000. Despite coming in just slightly worse than expected, August’s new-home sales rate was 6.1% higher than year.

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The Commerce Department said Wednesday that new-home sales dipped 0.3 percent in October to a seasonally adjusted annual rate of 368,000.

 · Sales of new homes fell 3.2% in October to a seasonally adjusted annual rate of 1.004 million, the Commerce Department estimated Wednesday. New-home sales are now down 25.4% in the past year. median sales prices were up 2% in the past 12 months to $248,500, reversing a trend toward falling prices year over year.

The median list price-to-Redfin Estimate ratio was 100.2 percent, which means the typical home for sale last month was priced in line with its estimated value. Today we introduced new metrics that report on off-market home values, based on data from the Redfin Estimate, Redfin’s automated home-value estimate.

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