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
Don't expect the housing market to make any seismic waves in. The market is ending 2018 on a low note with existing and new home sales on a decline.. dropping to 5.7% and 5.5%, in August and September, respectively.
At the end of the reporting period there were an estimated 327,000 new homes available for sale. This is a 7.1 month supply at the current rate of sales, up from 6.5 months in August. Marketing time.
Connecticut home sales in August were slower compared with a. Connecticut headed into the fall home buying season with slower sales in August but. [Real Estate] Downtown Hartford in line for new federal courthouse,
Home price dip leads JPMorgan to downgrade market The bank’s downgrade came days after Mexico reported that its economy unexpectedly shrank 0.2% in the first quarter from the previous threemonth period, confirming preliminary data in April. Andean stock markets fell, led by a roughly 9% drop in Colombia, as U.S.China trade tensions weighed on the outlook for the region’s commodityfocused economies.
Sales prices should stabilize by mid-2019. Some markets will see prices only drop by a tiny amount as new inventory is added to the market.
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But despite the slowdown in home sales, the median sales price of new homes sold increased to $313,700 in July, up from $310,800 in June. The average sales price came in at $371,200 in July.
Sales of new homes fell 4.4 percent in August, held back by the worst drop in the South in three years. Nationally, homes sold at a seasonally adjusted annual rate of 838,000, the lowest monthly.
Overview. This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics.
Home prices remained high and with a decline in homes on the market, many would-be homeowners are unable to purchase. NAR said home sales fell 3.4 percent in September after stagnating in August..
shrinking inventory and faster transactions contributed to a decline in home sales during August, according to new data from RE/MAX. In an analysis of 54 metro areas, RE/MAX determined that the.
As reported by the Denver Metro Association of Realtors (NAR-affiliate) single- family home sales dropped 7.5% in August from July and were.