New-home sales decline in January to three-month low

Homebuilder sentiment declines to an eight-month low homebuilder sentiment reaches 3-month high in August. The climb follows an easing to an eight-month low in July as builders were challenged with higher materials costs for items such as lumber. Builders are upbeat about a strengthening job market and still-low mortgage rates that are helping.People on the move: May 3 People on the Move: June 3, 2019. By VEGAS INC staff . Monday, June 3, 2019 – 2 a.m. 1001. FlixBus offers service from Las Vegas to Salt Lake City, St. George, Provo and Cedar City, Utah. Gov. Steve Sisolak joined the board of directors for Jobs for America’s Graduates.

The supply of homes at the current sales rate rose to 5.9 months from 5.7 months; 309,000 homes for sale was the highest since 2009. The first back-to-back decline since January was led by a 52.3% drop in the Northeast to 21,000 home sales, the fewest since 2015, as well as a 3.3% decline to 355,000 in the South, the biggest region.

Developers sold 301 units in February, down 7 percent from the revised 323 units in January, according to data released Tuesday by the Urban Redevelopment Authority. While annual sales rose just..

New home sales, the latest. The report showed a decline of 6.9% (723K down to 673K). The explanation was that analysts had expected a drop of only 1.7%, so the "clear" conclusion was an negative,

The number of home sales and the median sale price declined in. upward real estate trend that has lasted nearly three years is over.. off in January and February, the value of Maine homes began to decline. a year earlier, continuing a downward trend over the past few months. High School Sports

Although sales of new homes rose modestly in the first half of 2009, they leveled off last fall despite low. 20% decline. New-home sales also fell in the Midwest (-18.0%) and the South (-4.6%). All.

New Home Sales Fall to 5-Month Low.. January’s sales were revised down to a 455,000-unit pace from the previously reported 468,000-unit rate. Economists polled by Reuters had forecast new home.

New home sales in the midwest slipped in June to a seasonally-adjusted annual rate of 56,000 homes, a decline of 11.1 percent from the month before when sales were at a rate of 63,000 homes, according to a report just released by the U.S. Commerce Department.

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Home sales dropping dramatically in B.C. but prices aren't low enough for buyers The Commerce Department said Wednesday that new-home sales fell 9.2 percent last month to a seasonally adjusted annual rate of 494,000. Most of the decline stemmed. of three points from January..

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"Lower mortgage rates from December 2018 had little impact on January sales, however, the lower rates will inevitably lead to more home sales," Yun said. RELATED Judge allows suit against Obama.

309k homes for sale was highest since 2009 The first back-to-back decline since January was led by a 52.3 percent drop in the Northeast to 21,000 home sales, the fewest since 2015, as well as a 3.3.