New-home sales climb for a third straight month in March

Existing-Home Sales Climb 1.1 Percent in March News provided by. National Association of realtors. fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March.

By Alex Kowalski Sales of previously owned U.S. homes probably rose in March for a third month to reach the highest level since late 2009, further evidence of an improving real-estate market.

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Market Insights U.S. new-home sales climb for a third straight month in March Purchases of new homes climbed in three of four regions, led by a 17.6% jump in the Midwest.

The inventory of new home sales for sale was 301,000 in March, which is a 5.2-month supply at the current sales pace. The median sales price of new houses sold was $337,200.

US new-home sales climb for a third straight month in March Tue, Apr 23, 2019 – 10:28 PM Sales of new US homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that reflects a boost from lower borrowing costs.

Mortgage applications increase on higher purchase volume Mortgage. increase in the average refinance loan size to $438,900 – a new survey record.” mortgage borrowers looking to purchase a home did not respond quite as aggressively. Those applications.

 · Home sales rose for a third consecutive month in the West, up from 70,000 in September and 74,000 in October to 75,000 in November. On a non-seasonally-adjusted basis, year-to-date new home sales.

The average sales price was $377,200. For Sale Inventory and Months’ Supply The seasonallyadjusted estimate of new houses for sale at the end of May was 333,000. This represents a supply of 6.4 months at the current sales rate. The June report is scheduled for release on July 24, 2019.

WASHINGTON – Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states. The Commerce Department says new-home sales.

Existing home sales dipped in February, continuing a three-month-long run of declining sales activity, according to the National Association of Realtors (NAR). Existing Home Sales Decline for.

 · New home sales are on the rise in 2019. WASHINGTON (AP) – Sales of new U.S. homes increased 4.5% in March, the third straight monthly.

Competitive purchase market drives rise in application defects chapter, we look at a competitive market structure. 1. competition and profit-maximization [1] competition and "perfect competition" Competition means that there are two or more firms in the same business. Economists use the term "perfect competition" to describe an idea market structure. In a perfectly competitive market, firms are.Wells Fargo cements DeVito’s role as head of home lending The FINANCIAL — Wells Fargo & Company announced on January 29 that Michael DeVito has been named head of Wells fargo home lending, a role he has held on an interim basis since November 2017.Trump nominates affordable housing official as HUD general counsel The Office of General Counsel (OGC) plays a vital role in helping the Department accomplish its mission of assuring decent and affordable housing, enabling all Americans to achieve homeownership, providing resources for communities to build strong neighborhoods, preventing homelessness, and enforcing fair housing laws.

Sales of new U.S. homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that.

 · The market for new construction single-family homes is losing momentum, as sales dropped for the fourth month in a row in September. Seasonally adjusted sales.

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