New and Existing Home Sales. New homes sales declined 6.9% in April to an annualized 673,000, but that was from an upwardly revised 723,000 in March. Sales are up 7% year-over-year and higher.
Sales Price The median sales price of new houses sold in April 2019 was $342,200. The average sales price was $393,700. [Full Report]For a longer-term perspective, here is a snapshot of the data series, which is produced in conjunction with the Department of Housing and Urban Development.
Young homebuyers scramble as prices rise faster than incomes Young Home Buyers Scramble As Prices Rise Faster Than Incomes By The Associated Press May 26, 2019 In this April 27, 2019, photo, Andy and Stacie Proctor stand in front of their new home in.
WASHINGTON (Reuters) – Sales. high in April as prices rebounded, but demand for housing remains underpinned by declining mortgage rates and a strengthening labor market. The Commerce Department.
The boost in mortgage applications and falling prices notwithstanding, new home sales in May tanked 7.8% month-over-month, following a 6.9% drop in April. It was the biggest decline since last.
as sales plunged in the pricier Northeastern and Western markets. The Commerce Department said Tuesday that new homes sold at.
New Home Sales Down 1.5% In April. This is 1.5 percent (11.8 percent)* below the revised March rate of 672,000, but is 11.6 percent (23.7 percent)* above the April 2017 estimate of 593,000. The median sales price of new houses sold in April 2018 was $312,400. The average sales price was $407,300. [ Full Report]
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.
The median price of a new home dropped nearly 6.9% from March to April to reach $312,400, according to a joint report by the U.S. Census Bureau and the U.S. Department of Housing and Urban.
April new home sales down 1.5%. Sales remained unchanged in the Midwest and dropped 7.9% in the West after a very strong march reading. The inventory of new home sales for sale was 300,000 in April, which is a 5.4-month supply at the current sales pace. The median sales price of new houses sold was $312,400.
“Some buyers are kind of waiting on the sidelines,” said real estate agent nabil suleiman. “They believe we are going to see.
CNBC’s Rick Santelli and diana olick report the latest read on new home sales.. New home sales down 5.3% in June 10:00 AM ET Wed, 25 july 2018. 30 april 2019. Why do we have the penny? 03:09.
Swiss ditch Libor as rate reference Libor is a global benchmark interest rate that underpins the terms of $500 trillion of contracts from mortgages to the cost of corporate lending, but has been discredited after a number of banks.