The rebound after December’s plunge fueled optimism among economists that new-home. sales. Analysts see the possibility for new construction to ease these pressures and increase sales. "Given the.
Holding back the housing. Census Bureau. New home sales fell 9.4 percent in July and were down 8.9 percent on the year. Analysts also attributed that decline to high prices and limited availability.
Pending home sales fell by more than expected in February Mortgage Rates and Market Data – Mortgage News Daily – Mortgage rates were decisively lower today, following a massive market movement on news of new tariffs to be imposed on Mexico. In general, trade wars are economically negative.
New Home Sales Drop for 2nd Month, But Housing Strength is Seen. Housing starts soar in July. The weak new home sales pace is at odds with other data that have suggested the housing market.
OTTAWA — The pace of new home starts picked up in May as the housing sector showed surprising strength Monday. improvement in new home construction along with a stronger pace of sales in the.
At the current pace of sales, every new home for sale nationwide would be "sold" in a matter of 6.1 months. This time, the new home market has been showing steady. suggests that home builders are becoming more comfortable carrying these inventory levels." Still the pace of new-home sales is still far.
Top-heavy housing market is crowding out the little guys Freddie mac trims 2019 origination estimate but could rethink the move HousingWire is the nation’s most influential source of news and information on housing and mortgage lending. award-winning news coverage of mortgage origination, servicing, investments and real.You’re describing the crowding-out effect. I’m not sure I understand the theory you are putting forth. The idea is that private-debt becomes unattractive in comparison to government bonds. Therefore more investors will invest in gov’t debt thus crowding out the market. "Hey, this risk-free bond has the same yield as this corporate bond.
HOUSING SHARES RALLY. Last month, the inventory of new homes on the market fell 0.4 percent to 243,000. At April’s sales pace it would take 4.7 months to clear the supply of houses on the market, down from 5.5 months in March. With supply tight, the median price for a new home increased 9.7 percent from a year ago to a record $321,100.
New home starts taper off in Southwest Florida – New home starts slowed in Southwest Florida during early 2019, but closings showed renewed strength. retiree demand should keep the regional housing market stable. "After several months of steady.
"New home price growth is fastest in the coastal states and eight of the top 10 healthiest new sale markets are in the Carolinas and Texas," said Khater. Of the top 100 new-home sale markets, Houston leads the pack at 2,000 sales per month, followed by Dallas and Atlanta, which are running at about half that pace.
Pace of U.S. New-Home Sales Suggests Steady Housing Strength – (Bloomberg) — The U.S. housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast. Americans, taking advantage of low mortgage rates and confident in a strong job market that’s providing steady wage.
WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in December, but lean inventories and steady price gains suggested the housing. strength in the economy. “It’s.