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

The Commerce Department said new home sales dropped 6.9% to a seasonally adjusted annual rate of 673,000 units last month. That followed March’s sales pace of 723,000. It was the third straight.

WASHINGTON – Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that.

Rising prices narrow home value perception gap in September People on the move: july 21 The perception gap. values rose 1.07 percent in October, compared to near flat growth in September. The Northeast led the country in home value gains with a 1.94 percent increase, while growth in.

WASHINGTON(Reuters) – Sales of new U.S. single-family homes unexpectedly fell for a third straight month in February, weighed down by steep declines in the Midwest and West.

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Slowing growth was underscored by a separate report from the Commerce Department on Tuesday showing new home sales dropped.

WASHINGTON (AP) – Sales of new US 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.

Sales of new homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that reflects a boost from lower borrowing costs. Single-family home sales rose 4.5% to a 692,000 annualized pace that topped all estimates in Bloomberg’s survey, while February’s figure was revised down somewhat, government data showed Tuesday.

WASHINGTON – Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states. New-home sales slipped 1.5 percent last.

Sales of new U.S. homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that.

What happened: After touching the highest since 1999 in December, the closely-watched sentiment tracker from the home builder lobby group fell for the third straight month in March. that mortgage.

Food and beverage stores saw sales climb. March will provide some lift in the second quarter, and stronger prints for May and June are likely given the strong labour market in 2019,” Dahms wrote..

The median sales price of new houses sold in May 2019 was.. March (r). 3 average relative standard error for the latest 6-month period.

WASHINGTON (Reuters) – Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices. The third straight monthly. home sales in the.

Why that great mortgage rate offer might not apply to you Volatility defines first-quarter home sales, california takes big hit mortgage originations plunge, but subprime activity sees minimal decline wages jumped 2.8% year-over-year, almost on par with the home price index’s 2.9% annual gain – the lowest annual increase since January 2018’s 2.5%. Prices actually decreased month-over-month, falling 0.4% – a continued trend from November when real home prices had the largest monthly decline since 2016.Volatility defines first-quarter home sales, California takes large hit April 22, 2019 RSS FEED No comments After a clever February, existent home sales took a U-turn in March.Ocwen terminates lending business head In a lawsuit brimming with claims of wrongful foreclosures, deceptive, unfair and incompetent debt collection, the consumer financial protection bureau says more than 300,000 homebuyers in the past two years have complained about Ocwen Financial, one of the largest nonbank mortgage servicers in the country.