New-home sales dropped in July after solid first-half run

U.S. New-Home Sales Dropped in July After Solid First-Half Run – A decline in U.S. purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously reported, according to government data Wednesday..

Homebuilder sentiment cools from almost 12-year high It’s part of Seeking Alpha’s coverage of the real estate market and homebuilder stocks. The increase would mark a "soft landing” for Spain’s 12-year property boom. After rising 178% between.

Indeed, new home sales in September rose to a six-year high (highest since July 2008). Remodeling activity and. This indicates that after a tough first half of 2014, builders are more confident in.

Thursday saw mixed U.S. economic reports released, with data showing that jobless claims climbed more than projected last week but new-home sales rose more than estimated in July. after the oil.

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Washington – U.S. sales of new homes last month registered the biggest drop in more than two years. The Commerce Department said Tuesday that new-home sales skidded 11.4 percent in April to a.

Economists forecast that new-home sales dropped just 1 percent last month to a seasonally adjusted annual rate of 492,000, according to a survey by FactSet. The dip would come after sales jumped more than 8 percent in June to an annual rate of 497,000, the most since May 2008. The Commerce Department will issue the report at 10 a.m. EDT Friday.

Existing home sales fall in July as new home sales surge. – In an interesting twist, new home sales jumped unexpectedly in July, while existing home sales dropped unexpectedly during the same period, according new data released this week. So what gives?

Housing Market Predictions 2020 | 2019 Housing Outlook Sales. – July housing market update. According to NAR, home sales rose 9% nationwide, while days on market (-8%)and listings dropped (.4%) in July. July is usually not a big month for real estate sales so an 8% price may predict even higher price rise rates in the fall. NAR believes home prices will rise 9% YoY.

After rebounding in May, new home sales plummeted 5.3% in June but were up 2.4% compared with June 2017, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.. The approximately 631,000 new home sales in June was down from about 666,000 in May but up from about 616,000 in June 2017.

Sales of new US homes dropped sharply last month to the slowest pace on record, the latest sign that the economic recovery is fading. The Commerce Department says new home sales fell 12.4% in July.

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