New-home sales declined in April as demand fell in West

New Listings Fell Nationwide in April as Home Sales Declined in the West. Overall home inventory continued to decline for the seventh month with a 3.2 percent year-over-year drop. What stood out in April was a 1.1 percent year-over-year decline in new listings for the first time since August 2014.

News US New Home Sales Fall More than Expected Sales of new single-family houses in the United states dropped 6.9 percent from the previous month to a seasonally adjusted annual rate of 673 thousand in April 2019, from a revised 11-1/2-year high in March, while markets had forecast a 2.8 percent fall to 675 thousand.

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 · U.S. Existing-Home Sales Fell in April Amid Tight Inventory. sales in April were up 1.6%. "Demand is easily outstripping supply in most of the.

Cold weather could have impacted on sales. “December’s decline is probably mostly a result of volatility rather than a drop in the underlying fundamentals for housing demand. They fell in the.

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 · The median Twin Cities sales price in April was $266,000, up 8.6 percent from a year earlier. Home sales in April fell in the Northeast, South and West. Sales were unchanged in.

New Home Sales Decline in May. Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May. June 18, 2019 Housing Starts Relatively Flat Off of Strength in Multifamily Sector

Will 2019 lead to a home buyer's market?. Mortgage rates will continue to rise, causing home prices and sales to drop. Ahead of the Fed's rate hike announcement, the interest rate on a fixed-rate 30-year mortgage fell 12 basis points. in demand because of rising interest rates than it is a sign of new.

Buyers return to Toronto’s housing market Lower mortgage rates help Hovnanian reduce its net loss What CFPB’s Harsh Words to Servicers Mean for Banks As for what that "life" looks like, allow Poosh’s "about" page, which urges its readers to think of it "as a really good friend.but way less judgy," to explain: "Living a healthy life doesn’t mean..However, several challenges, such as economic weakness and uncertainty, lower oil prices (which may affect our Texas markets), the restrictive mortgage lending environment and rising mortgage interest."It looks like the market is starting to return to typical levels after a particularly difficult year," Wilkes says in a statement. The sales tally includes all new homes, including condos, at various stages of development, from pre-construction to completion.

The median price of a new home sale a year earlier was $316,700. Regionally, and on a year to date basis, new home sales are 7.5 percent higher in the South and 3.4 percent higher in the West. Sales are down 13.3 percent in the Northeast and 3.2 percent in the Midwest.

Most Read. Sales fell only in the U.S. West, which posted a 7.9 percent decline in April. Purchases were unchanged in the Midwest and up marginally in the South, the biggest region. Cooler demand could allow homebuilders to chip away at their backlogs. The number of properties sold but not yet started increased in April to a five-month high,