New-home sales dropped in July after solid first-half run

The supply of homes at the current sales rate rose to 5.8 months from 5.2 months; 276,000 new houses were on the market at end of July. Purchases fell in three of four U.S. regions, including a 23.8% decrease in the Northeast and a 21.3% drop in the West.

The National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI) dropped by 0.8 percent to 109.1 in July from a downwardly revised 110.0 in June. On a year-over-year basis, the index fell by 1.3 percent. On a regional basis, the PHSI fell in three of the four geographic regions.

Big Tech stocks continue to grow in first half of 2019 as critics. While supply is rising slowly because sales are slowing, there are still few new listings coming onto the market. Current.

After rebounding in May, new home sales plummeted 5.3% in June but were up 2.4% compared with June 2017, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.. The approximately 631,000 new home sales in June was down from about 666,000 in May but up from about 616,000 in June 2017.

Toronto housing market begins busy spring season with a bounce Mortgage Matters, Burlington, Ontario. 110 likes.. Toronto Housing Market Begins Busy Spring Season With a Bounce. Toronto’s housing market entered the busy spring property season with a bang, as sales surged 17 percent in April compared with a year earlier and prices also pushed higher.

Rapid Reaction: July New Home Sales By Aaron Terrazas on Aug. 23, 2017 July new home sales fell 9.4 percent from June and 8.9 percent from a year ago, to 571,000 (SAAR), according to the Census Bureau – the lowest level since December 2016.

Sales of new single-family houses fell in July for the first time in three months, plunging 9.4% from June and falling 8.9% below the July 2016. New home sales down sharply in July

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Sales of new single-family houses in June dropped 5.3% to a seasonally adjusted annual rate of 631,000, according to estimates released jointly today by the U.S. Census Bureau and the Department.

New home sales fell by record amount in 2007 – Business. – WASHINGTON – New home sales plunged in 2007 by the largest amount on record while home prices tumbled sharply in December. Analysts forecast more trouble in 2008 as housing tries to emerge from.

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New home sales drop 12.4% to record low. NEW YORK (CNNMoney.com) — New home sales unexpectedly fell in July to the lowest level on record as the housing market continued to suffer from the end of the homebuyer tax credit boost. New home sales dropped 12.4% to a seasonally adjusted annual rate of 276,000 last month,

US New Home Sales Unexpectedly Fall. The median sales price of new houses sold was USD 328,700 above USD 322,900 in the same month of the previous year. The average sales price jumped to USD 394,300 in July from USD 372,400 a year earlier.

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