New home sales drop in August

New home sales drop in August

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New Home Sales Drop Nearly 8% in August – 24/7 Wall St. – The Census Bureau also reported that the median sales price for new homes sold in August fell by $10,600 from $294,600 in July to $284,000, and the average sales price fell by $2,200 to $353,600.

New home sales unexpectedly drop 12.4% to record low – Aug. – New home sales dropped 12.4% to a seasonally adjusted annual rate of 276,000 last month, down from a downwardly revised 315,000 in June, the Commerce Department reported Wednesday.

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U.S. new home sales hit seven-month low as prices soar – New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery.

New homes sales fell in August, declining 3.4 percent from July to 560,000 units at a seasonally adjusted annual rate (SAAR). It was the second consecutive month of contracting sales and defied expectations for a small increase, according to the U.S. Census Bureau.

When Is The Best Time to Buy a New Home? | Money – Home sales tend to rise along with the temperature. But if you want to get the best deal, buy a home in the fall and winter.

August New Home Sales – Home | Comerica – The median sales price of a new home fell to $284,000 in August, well off the april 2016 peak of $321,901. The drop in prices does not represent an over-supplied market, rather it reflects builders shifting away from the well-supplied luxury home market.

What’s behind the Charlotte area’s 11-month drop in home sales – She added a positive note: "However, the exceptionally strong month-over-month new listings should give buyers more options and perhaps lead to stronger sales numbers in April and May." Home sales.

New-home sales, prices hit decade high in metro Phoenix – New homes are going up in the Phoenix area at the fastest pace in 10 years. Prices are climbing faster than they have in five years.

2018, Hong Kong’s second-best year for property sales at US$93 billion, ended with a whimper in December – Hong Kong recorded its second-best year for property sales in. will be a drop in transaction volumes,” said Stephanie Lau, vice-president and senior analyst at Moody’s. Hong Kong’s property bull.

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New Home Sales Fall in August | Eye On Housing – New Home Sales Fall in August By Robert Dietz on September 26, 2017 (). Contracts for new single-family home sales declined 3.4% in August to a 560,000 seasonally adjusted annual rate, according to estimates from the joint data release of HUD and the Census Bureau.

No end in sight: New York’s multifamily market stayed slow in April – New York’s slow multifamily market. The largest deal was the $41.25 million sale of 151 Kent Avenue from Zelda Mehl to DLJ.

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