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New-home sales climb for a third straight month in March

New Home Sales Rise for the Third Straight Month, Prices Jump. – The Commerce Department reported Wednesday that sales of new U.S.single-family homes rose for a third straight month in October. Sales gained 0.7 percent to a seasonally adjusted annual rate of 458,000 units. Compared to October last year, sales were up 1.8 percent. New home sales, which account for about 8 percent of the [.]

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WASHINGTON – Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing. For the first three months of 2019, new-home sales were 1.7% higher than the same.

1 of 2 Sales of new homes in the United States forged higher for the third straight month in March, hitting the fastest pace since July, the Commerce Department reported. The acceleration came as.

New Home Sales Fall for Third Straight Month in February. January’s sales pace was revised up to 622,000 units from the previously reported 593,000 units. Economists polled by Reuters had forecast that new home sales, which account for 10 percent of housing market sales, would rise 4.4 percent to a pace of 623,000 units last month.

New Home Sales Tumble For 3rd Straight Month – Worst Streak In 4 Years. New home sales are up just 0.5% YoY. Purchases rose in two of four U.S. regions, including a 9 percent gain in the biggest region, the South; sales fell 17.6 percent in second-largest region, the West And while existng home sales popped,

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Latest News. Existing-home sales decreased for the third straight month in June, with declines in the South and West, and gains in the Northeast and Midwest. Read the full news release. existing-home Sales data release for July 2018 is scheduled for Wednesday, August 22, 2018.

Unsold inventory is at a 3.6-month supply at the current sales pace (3.8 months a year ago). According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February.

Meanwhile, wages rose 3.2% year-over-year in April, the same as the previous month, and the ninth-straight month of 3% or better pay growth. Stocks, which had already been climbing in pre. the.

US newhome sales climb 4.5% in March.. – Sales of new US homes increased 4.5% in March, the third-straight monthly gain as the housing market appears to be cautiously recovering from a.

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