New-home sales decline in January to three-month low

Existing home sales decreased in January, seeing the largest annual decline in more than three years, according to the latest release from the National Association of Realtors. Total existing home.

Sales of new homes fall to five-month low By. up 5% from an average of 433,000 in the same three-month span a year ago. While new-home sales have surged since falling to a record low of 306,00.

Sales of existing homes. in December to 4.62 million in January, 4.6 million in February and 4.59 million in March. In fact, sales in March represented a year-over-year decline of 7.5%. New home.

(Bloomberg) — Sales of new U.S. homes cooled in April from an 11-year high amid a surge in prices, adding to signs of softness in housing at the start of the quarter. Single-family home sales.

(Bloomberg) — Sales of new U.S. 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. New-Home Sales Decline in January to Three-Month Low

New-home sales decline in January to three-month low. – New-home sales decline in January to three-month low 2 months ago admin 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.

U.S. new home sales hit 5-month low; supply highest since 2009. The Commerce Department said new home sales dropped 7.8 percent to a seasonally adjusted annual rate of 593,000 units last month, the lowest level since August 2017. Economists polled by Reuters had forecast new home sales, which account for nearly 10 percent of the housing market,

New Home Sales Fall to 5-Month Low.. January’s sales were revised down to a 455,000-unit pace from the previously reported 468,000-unit rate. Economists polled by Reuters had forecast new home.

 · New home sales drop to three-month low. NSW had the largest rise in sales of detached new homes in May, up 13.6 per cent, while South australia rose 2.1 per cent. Queensland had the largest decline in sales, down 12.3 per cent, Western Australia was.

California fines United Shore $1.4M for interest overcharges The settlement also requires United Shore to pay penalties to the DBO – $1.1 million for the interest overcharges already identified, plus another $125 for each additional violation identified by the self-audits. united shore in 2015 originated 13,063 mortgages in California with a combined principal of $4.4 billion, according to data in the.

Low inventory results in sluggish home sales – The MCAI increased 1.8 percent to 117.8 in January. A decline. low, the Commerce Department reported. In 2004, the homeownership rate peaked at 69.4 percent. Q: Are newly constructed homes selling.