New Home Sales Down 6.9% in April

Still, sales were up from a year earlier and up for all of 2017. Sales of new single-family houses in December 2017 were at a seasonally adjusted annual rate of 625,000, 9.3% below the revised November rate of 689,000 but 14.1% above the December 2016 estimate of 548,000, according to estimates released jointly today by the U.S.

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New Home Sales Down 5.3% in June Average and median prices also fall. Sales of new single-family houses in June dropped 5.3% to a seasonally adjusted annual rate of 631,000, according to estimates.

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Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers.

Sales of new single-family houses in the United States dropped 6.9 percent from the previous month to a seasonally adjusted annual rate of 673 thousand in April 2019, from a revised 11-1/2-year high in March, while markets had forecast a 2.8 percent fall to 675 thousand.

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The U.S. government is reporting that sales of new single-family houses in April, 2018 were at a seasonally adjusted annual rate of 662k, which is 1.5% below March’s revised number. However, April’s rate was 11.6% higher than April 2017. The median sales price of new houses sold in April 2018 was $312,400 and the averageRead More

A "For Sale" sign is displayed outside a house in Oradell, New Jersey. home-sales index is a leading indicator for upcoming existing-home sales reports. Only the Midwest saw an increase in April,

The National Association of Realtors is reporting that pending home sales declined 1.3% in April, marking their lowest level over the past year. The NAR’s Pending Home Sales Index declined 1.3% to 106.4 in April, down from March’s revised number. A sale is listed as pending when the contract has been signed but the transactionRead More

New home sales down 7.6% (August) CNBC videos. september 26, 2016. CNBC’s Rick Santelli reports on data on new home sales in August. Reblog. Share. Tweet. Share. What to Read Next.