Pace of new-home sales suggests steady housing strength

The housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast. Single-family home sales increased 0.8% month-to-month to a 610,000 annualized pace (the estimate was 615,000). The median sales price fell 3.4% year-to-year to $310,800.

New-home sales hit 2-year high – 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.

Toronto home prices in record monthly drop as sales plunge Toronto Housing Market Implodes: Prices Plunge Most On Record. That was biggest monthly drop since records for the price index began in. In March, sales were up 18% and the average home price soared 33% from the.

DALLAS, TX–(Marketwired – Aug 23, 2017) – Pending new home sales are up in Texas and the pace of new home. home sales are showing summer strength," said Caballero. "And with new home prices.

Stronger economy boosts mortgage rates: Freddie Mac

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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. Highlights of New Home Sales (June) . Index Shows Days on Market Slightly Higher to Steady.. — The pace of new home sales. "Builders clearly remain confident in the continued strength of the Texas housing market.

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New Home Sales Reach Strongest Pace in a Decade By Robert Dietz on November 27, 2017 (). Contracts for new, single-family home sales expanded by 6.2% in October to a 685,000 seasonally adjusted annual rate, according to estimates from the joint release of HUD and the Census Bureau.

Last week added more evidence that the housing market is cooling well in advance of fall’s brisker temperatures. We saw existing home sales data, new home sales data, and mortgage rate data.