New-home sales declined more than forecast in December

New-home sales declined more than forecast in December

Purchases of new homes in the U.S. jumped in December to the highest level in more. 2010. New-home sales account for about 7 percent of the residential market and are tabulated when contracts are.

 · New Home Sales Decline in May By Robert Dietz on June 25, 2019 ( 0 ) Contracts for new, single-family home sales declined to a 626,000 seasonally adjusted annual rate in May according to estimates from the joint release of HUD and the Census Bureau.

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Sales at U.S. retailers dropped more than forecast in August, indicating a pause in recent consumer-spending strength that has carried the economy. retail sales decline in August by more than forecast

U.S. Pending Home Sales Drop More Than Expected in December Pending-home sales decline again, deepening housing market. –  · The index was 3.3% lower than a year ago in April, marking the first yearly decline since December. Economists had forecast a 0.5% increase in April. The index forecasts future sales by tracking.

Written by Daryl Fairweather on December 19, 2018. 2019, which will push the average 30-year fixed mortgage rate up to about 5.5 percent by the end of the new year.. Rising interest rates will also impact more than just home sales.. permits flatten, and we predict per-unit values of building permits will decline in 2019.

Sales of new U.S. single-family homes fell more than expected in January, suggesting the housing market weakness persisted early in the first quarter, despite a moderation in mortgage rates.

Sales Price. The median sales price of new houses sold in June 2018 was $302,100. The average sales price was $363,300. For Sale Inventory and Months’ Supply. The seasonally-adjusted estimate of new houses for sale at the end of June was 301,000. This represents a supply of 5.7 months at the current sales rate.

Mortgage refinance booms are a thing of the past: MBA chief economist Freddie Mac opens up certificate exchange for uniform MBS to investors Refi mortgage application share rises above 50% Altogether, you may be in for $300 to $800 before you find out whether you have enough equity to refinance. Application fees were uncommon not that long ago but have made a comeback and are much.freddie mac opens up certificate exchange for uniform MBS to investors Posted by National Mortgage News: Feed | May 8, 2019 | Finance | 0 | Investors can now exchange certain existing Freddie Mac bonds for to-be-announced uniform mortgage-backed securities in preparation for the full launch of UMBS next month.Home prices in 20 U.S. cities cool with smallest gain since 2012 Lowest mortgage rates in over a year could give home. – “Our latest thinking is that they’ll stay close to the level,” said Mike Fratantonia, SVP and chief economist at the mortgage bankers association. view photos Rates.

New-home sales tumble to a 10-month low in December as recovery remains rocky By. Even with a double-digit December decline, 2016 brought 12.2% more sales than 2015. New-home sales declined.

Purchases of new homes dropped more than forecast in January as contract signings slumped in the western United States by the most since May 2010. Sales declined 9.2% to a 494,000 annualized pace.

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. set a new record in 2018, annual home sales fell for the first time in four years.”. Thirty-nine out of 51 counties posted a sales decline in December, with. the first time since the housing downturn ended more than six years ago.. “This trend is expected to continue, as buyers remain cautious about the.

January home prices show 5% increase: Black Knight Home prices in June were up 0.8 percent from May and up 5.3 percent from June 2015, according to new data from Black Knight Financial Services (BKFS).At $265,000, Black Knight’s Home Price Index is within 1.1 percent of reaching a new peak. June was also the 50th consecutive month that Black Knight recorded year-over-year home price appreciation.

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