Pace of new-home sales suggests steady housing strength

New home sales dropped to a seven-month low in July, falling nearly 10 percent over the month and throwing the future of the U.S. housing market into question. "This quick pace of selling suggests.

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Why 50 Million Chinese Homes are Empty Mortgage rates remain steady The increase in new home sales and mortgage activity comes just after reports that mortgage rates have remained around low levels last seen in November. Freddie Mac recently revealed that mortgage rates for a 30-year fixed-rate mortgage average 4.28 percent during the week ending Feb. 13.

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Strong Pace of Home Sales Closed sales in April of 2016 totaled 1,517, an increase of 20 percent from the same month in 2015. Cumulative sales for all of 2015 are 14 percent above the total sales volume in 2014. This level of increase in sales activity suggests a significant increase in demand in the housing market. declining surplus housing.

NEW YORK (CNN/Money) – New home sales. to continuing strength in the housing market, which has helped keep the broader economy from sinking too deep. The Commerce Department said sales of new homes.

Despite some volatility in the month-to-month sales figures, October marks the sixth month in 2017 at an annual sales pace of more than 600,000. New home sales through October are running 8.9% higher than this time in 2016, in line with NAHB’s forecast.

The increase suggests a modest recovery in the housing market is continuing, despite By Martin Crutsinger WASHINGTON — Americans bought new homes in May at the fastest pace in more than two years.

Pace of new-home sales suggests steady housing strength owning a home is more important than having kids for Americans Boundaries that your kid might inherit and follow outside of your home, and may. But most of us get on the phone in front of our kids more than we need to..

The weak new home sales pace is at odds with other data that have suggested the housing market recovery is back on track. New house sales data, however, is volatile month-to-month because of a.

New-home sales decline in January to three-month low Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines. Single-family home sales fell from the prior month to a 607,000 annualized pace, according to a government report Thursday that was delayed two weeks by the partial government shutdown.

"California’s housing market continued its strong sales rebound this year, resulting from the continued pace of distressed properties coming to market," said C.A.R. President James Liptak. "This follows two years of double-digit sales declines in 2006 and 2007. Looking ahead, we expect sales to moderate to a more sustainable pace."

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