Sentences with phrase «homes at the strongest pace»

«As the September housing scorecard indicates, our housing market is showing important signs of recovery — with homeowner equity at a four - year high and summer sales of existing homes at the strongest pace in two years,» says HUD Acting Assistant Secretary Erika Poethig.

Not exact matches

News that existing - home sales climbed to levels not seen in a decade helped bolster homebuilders generally, especially given that the increase was at an unexpectedly strong pace.

Home values are also expected to continue rising at a moderate pace thanks to strong sources of demand.

«Last month's dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and new and existing inventory is not keeping up with the fast pace homes are coming off the market,» he said.

Slowdown enters second month A cooling in the existing single - family home sales pace continued for a second consecutive month, but the rate remains at a strong level, NAR analysts say.

«The lack of supply over the past year has been eye - opening, and is why, even with strong job creation pushing wages higher, home price gains — at 5.8 percent nationally in 2017 — doubled the pace of income growth and were even swifter in several markets,» says Yun.

Despite overall home sales maintaining their strongest pace in a decade, 2016 vacation home sales reported in at their lowest level since 2013.

«Last month's dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and new and existing inventory is not keeping up with the fast pace of homes coming off the market,» says Lawrence Yun, NAR's chief economist.

In this week's economic review, pending home sales continue to fall, consumer confidence and sentiment remain considerably strong, and GDP shows the U.S. economy is growing at a steady pace.

In this week's economic review, the unemployment rate dropped due to lack of participation in the labor market, home prices continue to rise at a strong pace, and mortgage rates fell to a 2017 low.

«Homes in this year's first quarter were more affordable than they have been at any time in more than 20 years, yet many potential sales are not happening because of overly tight lending conditions that are keeping hardworking families from obtaining a suitable mortgage,» says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «Without this significant hurdle, the housing and economic recovery could be proceeding at a much stronger pace.&raHome Builders (NAHB) and a home builder from Gainesville, Fla. «Without this significant hurdle, the housing and economic recovery could be proceeding at a much stronger pace.&rahome builder from Gainesville, Fla. «Without this significant hurdle, the housing and economic recovery could be proceeding at a much stronger pace.»

The economy will continue growing through 2000, and that means continuing strong existing - home sales, though at a more moderate pace than the record - shattering levels of 1998 and 1999.

Low inventory and appreciating home values were leading drivers of the 2017 real estate market, which is continuing at a strong and competitive pace as we transition into the new year.

Existing - home sales are currently (as of October) at their strongest pace since February 2009, distressed sales reached an all - time low earlier this fall and first - time buyers finally gained some traction...

The calendar may have turned to 2018 yesterday, but with one month of 2017 data remaining, here's a look at some of the top housing highlights from last year: Strongest existing - home sales pace November: 5.81 million Slowest existing - home sales...