· Inflation worries. Sales were up by 1.1% from November last year, the ONS said in its latest statistical bulletin. October’s year-on-year figure was also revised from a 0.1% fall to a rise of 0.3%.

What happened: Even though home sales fell in April, the trend is solidly up. The revised March sales figures were the highest since October 2007, and there were upward revisions to every month stretching back to December. Sales were 7% higher than a year ago in April. The median sales price in April, $342,200, was 8% higher than a year ago.

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This month’s new home sales number came in weaker than expected, down -0.3 per cent from last month to an annualized rate of 373K units.Last month’s annualized rate of new home sales was.

Ottawa Market Stats up till Nov 30th 2018 Mortgage rates – apnews.com – The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 544,000 last month. New-home sales have declined in four of the past five months. Over the past year, sales of new homes have dropped 12 percent as higher mortgage rates have caused would-be buyers to back away.

Sales of new U.S. single-family homes fell from near an 11-1/2-year high. the highest level since October 2007, from the previously reported.

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 · ”Admittedly, surveys had pointed to a further fall in sales in October, but sales of motor fuel and at other’ stores – which the surveys cover poorly – jumped by 2.0% and 3.1% respectively.

October New Residential Single Family Home Sales decreased -0.3%, or 368,000 annualized sales. July through September were all revised considerably lower. September was revised down from 389,000 to 369,000, which instead of the originally reported 5.7% increase gives a 0.8% change from August.

The flurry of new launches has seen sell-through rates fall as developers also scrambled to find buyers,” Ma said. Buying interest also remained weak. “Home sales in the secondary market plunged 67.

Housing Market Crisis 2.0: The Jury Is In For 2018-2019 – New home sales were expected to start rising again in October but, instead, fell miserably (8.9% MoM). That marked the seventh month of missed expectations. The midwest led the slump that month,

News US New Home Sales Jump to Near 1-1/2-Year High Sales of new single-family houses in the United States rose 4.5 percent from the previous month to a seasonally adjusted annual rate of 692 thousand in March 2019, the highest level since November 2017, while markets had forecast a 2.5 percent fall to 650 thousand.

 · UK retail sales fell by 0.3% in October from a year earlier, according to the Office for National Statistics (ONS), the first annual fall since March.

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