New-home sales slump 7% in April after reaching the best level of the cycle – MarketWatch – UKA News

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After three years of slowing annual average house price growth, we believe that 2018 could see a slightly stronger growth rate, but would caution against expecting too much. From an average house price growth rate of 3.7% last year, we project the 2018 average to shift a little higher to nearer to 5%.

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Read: New-home sales slump 7% in April after reaching the best level of the cycle Mortgage rates remain low. Andrea Riquier reports on housing and banking from MarketWatch’s New York newsroom.

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years.

Toll Bros. downgraded to market perform from outperform at Raymond James MarketWatch. Thursday, May 23, 2019. 02:28 PM ET. New-home sales slump 7% in April after reaching the best level of the cycle MarketWatch. Monday, April 22, 2019. 10:27 AM ET. home builder stock knocked broadly lower after existing-home sales data disappoints MarketWatch

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WASHINGTON (AP) – Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains. The Commerce Department said Monday that new homes sold last month at a seasonally adjusted annual rate of 689,000, up from 646,000 in April.

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New-home sales slump 7% in April after reaching the best level of the cycle Sales of newly-constructed homes fell but sales figures from earlier months were found to be much higher, painting a.