New Home Sales End Three-Month Winning Streak, Still Up from 2018

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Implications: New home sales continued to struggle in February, posting a third consecutive drop, though at a more moderate pace. Sales of new homes fell 0.6% in February, but are still up 0.5% from a year ago. That being said, a couple details in today’s report signal that new home sales may be turning a corner.

CNBC’s Rick Santelli and Diana Olick report the latest read on new home sales.. 25 July 2018 CNBC’s Rick Santelli and Diana Olick report the latest read on new home sales.. Sign up for free.

The number of sales of previously owned homes in the U.S. dropped in April thanks to factors including low inventory, rising prices and higher mortgage rates.

2 Things You Need to Know to Properly Price Your Home According to realtor.com, "the share of homes which had their prices cut increased by 2% compared to last year". Thirty-seven out of the 50 largest US housing markets saw an increase in overall price reductions. In today’s market, you need an expert agent who can help price your house right from the start.

. purchase applications from the previous month and a 3-point gain from February 2018. Those numbers are not seasonally adjusted. MBA estimates new single-family home sales were running at a.

After a surprise rebound in existing home sales (even as condo sales slumped), new home sales were expected to rebound in Feb from their 7.8% plunge in January, but grossly disappointed, dropping 0.6% MoM – the 3rd monthly drop in a row.. This is the first time new home sales declined for 3 straight months since Q1 2014

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Save for a brief show of strength in July, new home sales have struggled to break out of the 560,000-580,000 range, where they have essentially stalled since April (figure 1). New home sales were up 17.8 percent in October from a year ago, but all of that annual increase occurred in the early part of the year.

U.K. blue-chip stocks finished with losses Monday, snapping a five-session win streak. up from $1.3848 late Friday in New York. U.K. stocks, like european equities sxxp, -0.23%, initially moved.

2 Things You Need to Know to Properly Price Your Home Closing costs are fees associated with your home purchase that are paid at the. The buyer should review these documents to determine if the Association. Typically, home buyers will pay between about 2 to 5 percent of the purchase price of. Consumer Guide · How Much Do You Really Need to Put Down on a Home?

Costco on Thursday reported that fourth quarter net sales rose 5% to $43.4 billion, up from from Q4 last year (which included. So, I think there is still plenty of low-hanging fruit. And, we don’t.

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New Home Sales Down 5.3% in June. The seasonally-adjusted estimate of new houses for sale at the end of June was 301,000. This represents a supply of 5.7 months at the current sales rate.