New-home sales slump 7% in April after reaching the best level of the cycle – MarketWatch – UKA News

U.S. New-Home Sales Up 5.7% in August. WASHINGTON-Sales of newly built homes reached the highest level since early 2008 in August, evidence that demand for housing is strengthening heading into the fall. Sales of new, single-family homes rose by 5.7% to a seasonally adjusted annual rate of 552,000, the Commerce Department said Thursday. The.

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Getty Images Construction worker framing a building against a sunny blue sky. The numbers: New-home sales were at a 673,000 seasonally adjusted annual rate in April, the Commerce Department said Thursday. That was 6.9% lower than March, but that month’s tally was revised sharply higher.

The number of new properties listed for sale across the UK was up 21.7% in March compared to February, fresh figures have revealed, as the spring buying season got underway. The UK housing market has been building up momentum over the last few months, as reflected by an 18% increase in the volume of.

As low mortgage rates bolster demand and the economy remains supportive, homebuilder stocks are now the preferred proxy for housing market demand for analysts at Wedbush, according to a note published Thursday. That’s a shift from a prior call, in which.

Sales were 7% higher than a year ago in April. The median sales price in April, $342,200, was 8% higher than a year ago. At the current pace of sales, it would take 5.9 months to exhaust available supply, about matching the 6 months that’s traditionally been considered the marker of an evenly balanced market.

June 2019 Talking Real Estate eNewsletter NewsTalk Texas – Real Estate Center – Real Estate Center at Texas A&M University, HOUSTON – The local office vacancy dropped 40 basis points over the year to 21.3 percent in June, Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.

Article: New Home Sales Slump – In the Manatee-Sarasota market, builders are finding that low interest rates and bargain pricing is stiring buyer interest.

Sales were down 2.4 percent ending a year of fluctuating sales growth. The number of homes for sale declined 14.5 percent compared to a year ago, marking 27 months in a row of inventory declines.The typical home that sold in December found a buyer after 49 days on the market, five days fewer than 2016.

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Existing-home sales in the West increased 6.7 percent to an annual rate of 1.27 million in September, and are 9.5 percent above a year ago. The median price in the West was $318,100, which is 8.