New-home sales decline in January to three-month low

 · Fewer new homes were sold in January-and that’s not likely to be helping the ever-worsening housing crunch across the nation. As New-Home Sales Decline, Their Price Dips as Well | realtor.com®

Mortgage growth in Canada hasn’t been this weak since 2001 The economic assessment in the statement was less positive than January’s and in line with the recent slower growth we’ve seen in the data.. since March 2001. Hourly earnings were up 3.4.

An unexpected decline in sales of previously owned homes last month to the lowest level since August 2016 indicates rising prices and lean inventories are impeding faster growth in the housing market, National Association of Realtors data showed on Thursday.

 · The median sale price of new homes was $373,100 New Home sales dropped 6.9% In January Sales of new single-family homes dropped 6.9 percent from December to January and were down 4.1 percent year.

The Commerce Department said on Tuesday sales dropped 4.6 percent to a seasonally adjusted annual rate of 411,000 units. Last month’s decline followed a 13.1 percent jump in January. The low months.

 · January new home sales declined 4.1% YoY and the downward trend continues. The median prices of one family houses declined once again as one family houses for sales increased. The new home sales figures are disturbing given the decline in.

Sale of new single-family homes fell 7.8 percent in January 2018 compared to the month before, according to the data on new home sales released by the U.S Census Bureau and the U.S. Department of.

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Sentiment among U.S. homebuilders rose for the first time in three months amid a decline. low. The partial U.S. government shutdown will delay the December housing-starts data, which would have.

The Conference Board’s confidence index fell to a three-month low of 63.4 from a revised 72. Another report today showed home prices fell in January by the most in a year, raising the risk that.

Pending home sales took a deep dive in January, falling to their lowest level in over three years. The National Association of Realtors (NAR) said its Pending Home Sales Index (PHSI), a forward.

Home sales skid to biggest drop in three years in January – Sales of existing homes suffered their biggest drop in three years in January, but the news was bad for consumers trying to buy homes, not those trying to sell them. In short, the 3.2 percent.

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 · New home sales, the latest indicator of housing market health, show revised upward growth. Year-to-date 2019 sales are 6.6% ahead of 2018. However, that good news appears in only a few media reports.