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
Gen-X renters have significantly weaker credit profiles than homeowners People on the move: july 21 · Everyone seems to be moving to Florida.Florida’s population keeps soaring as it comes in 2nd in the top States in America in Numeric Growth from 2016-2017*. From summer 2016 to summer 2017, data shows that 327,811 people became residents of Florida, amounting to almost 900 people per day moving to the.First-quarter mortgage revenue dip flags a 2019 challenge for Equifax Despite the hurricanes and these quarter-over-quarter results, most states are seeing overall mortgage delinquency rates at lower levels than a "Storm-related foreclosure moratoria continue to play a large factor in keeping foreclosure starts at bay, as the fourth quarter saw little movement in.Class Valuation buys reverse mortgage AMC Landmark Network In December, Class announced its acquisition of reverse mortgage-focused amc landmark network in a bid to grow its niche offerings. Now, it has snatched up Janus, an 11-year old Texas-based AMC that focuses on retail, credit union and correspondent lenders in Texas and in surrounding markets.CFPB retreat may only go so far to ease mortgage rules In a span of three days, the CFPB, under Acting Director Mulvaney, significantly retreated in the payday-lending space and suffered a court defeat in its request for monetary relief with respect to a CashCall installment lending program.The federal district court’s decision
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.
Manhattan home resales drop as tax overhaul sidelines buyers It may not seem like it when you’re stuck in traffic on the 110 Freeway, but a new report says Southern California is home to some of the least-sprawling. and philanthropist michael milken may be.Ex-bond trader’s jury to decide between fraudster, ‘guinea pig’ Ex-Bond Trader Pleads Guilty in Fraud Case – latimes – Ex-Bond Trader Pleads Guilty in Fraud Case March 23, 2001 | Reuters A former New york life insurance bond trader pleaded guilty to charges he took cash and gifts from brokers in a kickback scheme between 1997 and 1999 that cost the insurance company about $4 million.
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.