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New homes sales tumble 11.4% in March

In April, the median sales price for a new home was $309,200, down from $318,700 in March and $321,300 in the year-ago period. As the pace of selling decelerated, there were 5.7 months’ worth of homes available, up from 4.9 months in March.

After a slight tumble in february. highlighted 514 new and existing home sales across the Peninsula in March. That’s about a 38.5 percent increase from 371 homes sold in March 2014. According to.

Residential investment contracted in the first half of the year and is expected to have declined further in the third quarter.REUTERS | October 25, 2018, 17:30 IST BY: Lucia Mutikani WASHINGTON: Sales.

Data from the Census Bureau showed that new home sales rebounded and rose 6.8% to an annual rate of 517,000. Economists had expected that new home sales rose 5.0% to an annual rate of 505,000. In.

Sales of new U.S. homes plummeted in March, as the spring buying season opened with sharp declines in the Northeast and South. US new-home sales slump 11.4 percent in March as sales tumble in.

Foreign affairs could stall housing reform Foreign Affairs Magazine: analysis and debate of foreign. – Foreign Affairs is the leading magazine for in-depth analysis of U.S. foreign policy, and relations with Russia, North Korea, the Middle East and Europe. The leading magazine for in-depth analysis of U.S. foreign policy since 1922.2018 HW Insiders: Jill Cadwell And they are calling for the ‘amazing’ month-long trial, which is coming to an end, to be made permanent. The nursery’s head Matt Caldwell said he was inspired by similar schemes in Germany which.

So much for the jump in the builder’s confidence index reported last week. The Government reported a literal plunge in new home sales in April. Not only did the seasonally manipulated adjusted annualized sales rate drop 11.4% from March, it was 6% below Wall Street’s consensus estimate.

WASHINGTON (MarketWatch) — Sales of new single-family homes tumbled 11.4% to an annual rate of 481,000 in March, pulling back from a seven-year high reached.

11.4% of all U.S. homes are vacant By Les Christie, empty homes for sale or rent, and homes used by migrant workers.. Honda and General Motors are creating a new generation of fully.

New home sales tumble:. down 11.8 percent from the revised record high rate of nearly 1.24 million in March, when mortgage rates were near a 40-year low.. with half of all new homes costing.

The median price for homes sold in April was $257,900, which was 5.3% higher than a year ago. Price increases are still much stronger than wage gains. read: mortgage rates march even higher, reach new.

And in another bright spot, the inventory of homes available for sale last month fell to 3.29 million units, the lowest since March 2006. At December’s sales pace, that represented 7.2 months‘ worth.

Cloudy future for REO-to-rental asset class Figure 1 shows the returns of five value funds and five blend funds from the same major asset classes. all crystal balls are cloudy. There’s no way to know what the value premium will be in the.