The 0.3% decline March comes on the heels of an upwardly revised 0.9% decline in February and a 4.4% drop in January, demonstrating an upward. because the housing story is gloomy. March new home.
Real estate agents have said low housing inventory and economic uncertainty contributed to the decline. The median sale price of homes for the three-month period from November through January was.
U.S. New-Home Sales Decline in January to Three-Month Low Purchases of new homes drop in three of four U.S. regions, led by the biggest decline in the Midwest since 2012.
New-home sales tumble to a 10-month low in December as recovery remains rocky. Even with a double-digit December decline, 2016 brought 12.2% more sales than 2015 .. More from MarketWatch.
After two consecutive months of decline, existing-home sales around the country rebounded by 3 percent from January, according to the National Association of Realtors. Existing-home sales grew from 5.38 million in January to 5.54 million in February and are currently up 1.1 percent from last year.
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It showed a notable monthly decline with sales falling 4.6% from January, but rising 12.3% above the level seen in February 2012. They still remain at a historically low level of 411K SAAR units. It’s.
Sales of new single-family homes sank unexpectedly in the United States last month, hitting a five-month low even though prices fell and supplies rose, government data showed Tuesday. The second.
New Home Sales Drop 7.8 Percent to 5-Month Low in January. Economists polled by Reuters had forecast new home sales, which account for nearly 10 percent of the housing market, rising to a pace of 645,000 units last month. Sales tumbled 33.3 percent in the Northeast to their lowest level since August 2016.
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New home sales took a tumble for the second month in a row, falling 7.8 percent from December to a seasonally adjusted annual rate of 593,000 units. Year-over-year it was a more modest decline.
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New home sales decline to 8-month low in August. 10:00 AM ET Tue, 26 sept 2017. cnbc’s Diana Olick reports the latest read on new home sales.
After two months of declines, US existing-home sales increase in February. by claire brennan march 22, 2018. After two consecutive months of decline, existing-home sales around the country rebounded by 3 percent from January, according to the National Association of Realtors. Existing-home sales grew from 5.38 million in January to 5.54 million in February and are currently up 1.1 percent from.