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

Sales of new U.S. homes fell for a third straight month and supply swelled to the highest since. existing-home sales rebounded in February despite tight inventory. New-home sales, tabulated when.

In more bad news for the beleaguered housing industry, sales of new homes fell in January for a third straight month, pushing activity down to the slowest pace in nearly 13 years. The median price.

TD Bank saw a third consecutive quarter of year. in the Canadian housing activity, Canadian home sales also improved for the second straight month in its latest April data..

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.

US New Home Sales Unexpectedly Fall. The average sales price jumped to USD 394,300 in July from USD 372,400 a year earlier. The stock of new houses for sale went up 2 percent to 309 thousand, the most since March of 2009. This represents a supply of 5.9 months at the current sales rate.

Sales of new homes in the united states forged higher for the third straight month in March, hitting the fastest pace since July, the Commerce Department reported on April 25, 2017.

 · Sales of new single-family houses in February 2018 were at a seasonally adjusted annual rate of 618,000 New home sales cool for third-straight month | Fox Business News

Unsold inventory is at a 3.6-month supply at the current sales pace (3.8 months a year ago). According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February.

Application volume is flat as refinance activity slows Mortgage Application Activity Slows Down. The refinance index fell by four percent while the refinance share of mortgage activity decreased to 49 percent of total applications from 50.1 percent the previous week. Among the federal program, the FHA share of total applications increased to 10.3 percent from 10 percent the week prior and.

Nationally, Existing-Home Sales Climb 1.1 Percent in March. conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February. The average commitment rate for all of 2017 was 3.99 percent.

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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.

Pace of new-home sales suggests steady housing strength