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New home sales fell 7% in December

 · New-home sales rose 4.9% in the South and 6.3% in the Midwest, which are generally more affordable markets. The median sales price of a new home fell 2.7%.

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New home sales fell in December, falling 7% below November’s revised rate of 445,000 sales to a seasonally adjusted annual rate of 414,000 units, the Commerce Department reported Monday.

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The Commerce Department reported Wednesday that new home sales increased 7% to a seasonally adjusted annual rate of..

Sales of new homes drop 7% in December. WASHINGTON – U.S. sales of new homes fell in December for a second consecutive month but even with the pause at the end of the year, sales for all of.

Sales of new single-family homes in December 2007 fell 4.7% in December from the month before to their lowest level since April 1995, according to the U.S. Commerce Department.

New-home sales in January ran slightly below the totals for 2018 and 2017. Buying fell in the Northeast, Midwest and South but rose in the West. The median sales price of a new home in January.

New home sales in the South, which account for the majority of transactions, increased by 5.0% seven months in December. Sales increased 1.4 percent in the West and increased 44.8 percent in the North-East. But they fell 15.3% in the Midwest to the lowest level since April 2016. The average house price fell 7.2% to $ 318,600 in December a year ago.

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Sales of new homes plummeted 35.9% in the West and 17.6% in the Northeast. New-home sales rose 4.9% in the South and 6.3% in the Midwest, which are generally more affordable markets. The median sales price of a new home fell 2.7% from a year ago to $308,000.

 · On Tuesday, June 25, The Commerce Department reports on sales of new homes in May. (AP Photo/Rogelio V. Solis) The median sales price of a new home fell 2.7%.

New-home sales ended 2013 on a weak note in the United States, underscoring threats to the housing rebound from rising prices and mortgage rates. Sales of newly built homes fell 7 per cent to a.

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 · New-home sales rose 4.9% in the South and 6.3% in the Midwest, which are generally more affordable markets. The median sales price of a new home fell 2.7%.