«
This rise in new home sales is consistent with our builders» reports that market conditions have been improving.
Not exact matches
Some bad economic news this morning:
New home sales rose slightly in April, but median housing prices fell sharply, as did the number of new unemployment claims, according to the Wall Street Journ
New home sales rose slightly
in April, but median housing prices fell sharply, as did the number of
new unemployment claims, according to the Wall Street Journ
new unemployment claims, according to the Wall Street Journal.
Data Tuesday showed
new -
home sales in May
rose to the highest level since February 2008.
Western allies press Trump to maintain nuclear deal with Iran: Reuters US intelligence monitors Iranian cargo shipments into Syria: CNN A trade war is a major risk for China's debt - ridden economy: CNBC Federal judge orders gov» t must accept
new DACA immigration applications: WaPo Unification of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence Index rebounded in April after March decline: CB New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Mo
new DACA immigration applications: WaPo Unification of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence Index rebounded
in April after March decline: CB
New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Mo
New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN M
home sales in US increased to 4 - month high
in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller
Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN M
Home Price Index surged
in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to
rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Money
According to the housing report, the total number of
home sales (including both
new and existing
homes) could
rise 5 % next year to reach its highest level
in eight years.
PICTURED ABOVE AND BELOW: The City of Seattle is averaging about 750
new townhome and single - family
home sales per year, but is witness to a diminishing number of
sales at price points below $ 750,000, with no such
new home sales occuring
in 2018 below $ 500,000 — not surprisingly, the median
home prices are
rising.
Sales of
new single - family
homes rose 0.8 percent
in June 2017 to 610,000 as reported jointly by the Census Bureau and the Department of Housing and Urban Development.
While
new home sales slipped
in March, private sector credit increased by 0.5 %, coming
in ahead of a forecasted 0.4 %
rise, following February's 0.4 % increase.
Baltimore - area
home prices
rose 6.5 percent
in February from the same month a year ago, reflecting growing
sales volume amid reduced inventory, according to a
new housing report.
The de Blasio administration is calling for an additional 1 percent tax on the
sale of
homes in New York City over $ 1.75 million, which would
rise to 1.5 percent tax on
sales over $ 5 million.
However,
new home sales [PDF]
rose 6.4 percent
in April to a seasonally adjusted annual rate of 433,000, which followed an upward revision of 11,000 units for the prior two months.»
The recent drop
in rates has contributed to a
rise in U.S.
home sales and has sparked a
home refinance boomlet, led by homeowners jumping on
new, lower interest rates.
According to the housing report, the total number of
home sales (including both
new and existing
homes) could
rise 5 % next year to reach its highest level
in eight years.
In a recent blog about
new home sales on the
rise, I indicated how housing industry analysts are projecting annual
sales of more than 384,000 newly constructed
homes by year end.
However,
new home sales rose 6.4 percent
in April to a seasonally adjusted annual rate of 433,000, which followed an upward revision of 11,000 units for the prior two months.»
It is no surprise that
home sales rose in advance of the
new ruling
in November and December.
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home loans, sacramento
home values, sacramento real estate market, san joaquin county, trendgraphix, VITEK Mortgage Group, yolo county Posted
in Trendgraphix, Uncategorized, VITEK Mortgage Group Comments Off on Sacramento Area Real Estate
New Sales Back On The
Rise
And once rates hit about 5.5 percent, according to the panel,
rising rates may impact not only affordability for
new buyers, but also the ability or desire of current homeowners to list their
home for
sale and move into a
new one, a phenomenon known as «mortgage rate lock
in.»
Builders have blamed a 1 percentage point
rise in interest rates between May and September as one big culprit
in slowing
new -
home sales in their markets.
Meanwhile,
home prices are
rising,
in large part because builders aren't adding
new homes for
sale at a rate matching demand.
Single - family
new -
home sales posted a sharp
rise in October, up 25.4 percent from September, according to newly released Census Bureau data.
While total existing -
home sales rose 0.7 percent and
new -
home sales sprang 18.9 percent
in September, pending
home sales declined for the first time
in over a year
in August, trailing 1.5 percent below last year's
sales.
New - home sales rose in October, with sales of new, single - family homes up 18.7 percent to 685,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HU
New -
home sales rose in October, with
sales of
new, single - family homes up 18.7 percent to 685,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HU
new, single - family
homes up 18.7 percent to 685,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD).
Single - family
new -
home sales posted a sharp
rise in October, but other factors still pose challenges for the real estate market, economists say.
New single - family
home sales are likely to total 570,000 this year and
rise to around 620,000
in 2017.
Expect total annual
sales of
new and existing
homes to
rise from an average 6.67 million units
in 1994 — 2003 to as much as 8.85 million units
in 2004 — 2013, says the Homeownership Alliance, an organization of more than 15 real estate and finance groups, including NAR.
The
sale of
new homes is another factor to consider alongside
rising interest rates because supply and demand will always play a factor
in the
home - buying process.
When mortgage rates began
rising in May, the seasonally - adjusted annual rate of
new -
home sales fell by 4 percent from the prior month, according to the Commerce Department.
Rising mortgage rates are biting into
home sales, a trend that will likely continue as interest rates readjust
in the
new year.
After years of tepid performance, both existing -
home sales and
new -
home sales are expected to see significant gains this year and next, despite a gradual
rise in interest rates.
New -
home sales are seen at a record low 320,000 this year,
rising to 487,000
in 2012.
The Re / Max report says luxury
home sales rose to
new heights
in 12 out of 13 markets
in January to May 2006 compared to one year ago, with percentage increases ranging from eight per cent
in Halifax / Dartmouth to as high as 177 per cent
in Edmonton.
Regionally,
new home sales rose 15.4 %
in the Midwest and 1 %
in the West.
CMHC believes there will be 30,000 more households
in BC next year, and that will support
sales of
rising new homes being built.
Sales of
new single - family
homes rose 0.8 percent
in June 2017 to 610,000 as reported jointly by the Census Bureau and the Department of Housing and Urban Development.
If incomes should
rise in the LA area, it could have the effect of stimulating
new housing construction and increase
sales of
homes.
Existing -
home sales were back on the
rise in July, marking the third consecutive month of increases, while low inventories of
homes for -
sale and
rising prices were the reason behind first - time buyers falling to their lowest share since January, according to a
new report from the National Association of REALTORS ®.
«Most of that is likely to come from growth
in existing
home sales, but we expect the
rising share of
new home sales to lead to a healthy increase
in single - family construction of about 19 percent, or 765,000 units,» Duncan adds.
2017 and compared year - over-year, the number of existing
home sales in Cedar Park
rose by 4.6 percent while the number of existing
home sales fell by 8.1 percent
in Leander, but
new home sales saw an increase by 21.2 percent
in Cedar Park and 18.1 percent
in Leander, according to data from ABoR.
The increase follows a 0.8 %
rise in May and a 0.5 % increase
in April, the company's residential price index that covers existing and
new home sales, -LSB-...]
New residential construction has been steadily on the
rise, with newly constructed
home sales surging to a nine - year high
in 2016.
With mortgage rates on the
rise, experts are predicting what will happen with affordability,
home prices, inventory and
sales speed
in the
new year.
This week's economic review includes existing
home and
new home sales data, which dropped
in December, limited
home inventory,
rising mortgage rates and
home price data.
In this week's economic review, mortgage rates increased after weeks of declines,
home prices continue to
rise and
new home sales saw a higher - than - expected increase.
When rates as measured by Freddie Mac started
rising in May and averaged 3.54 % for the month, the seasonally adjusted annual rate of
new home sales dropped by 4 % from the prior month, according to the most recent housing data from the Commerce Department.
According to the housing report, the total number of
home sales (including both
new and existing
homes) could
rise 5 % next year to reach its highest level
in eight years.
Estimates by Moody's Analytics shows the reduction
in the FHA premiums could amount to 45,000 additional
new - and existing -
home sales in 2015, and that single - family housing starts will
rise by 20,000 as a direct result of the FHA reduction
in premiums.
So far
in June, the increase
in new listings is more of a swell than the surge that it was
in MayMany industry watchers have been taken aback by the energetic pace of
sales in the condo market compared with the slump
in low -
rise homes.
Las Vegas is also seeing a steady
rise in the
sale of
new homes, also unlike other markets around the country.
PICTURED ABOVE AND BELOW: The number of
home sales and the number of available listings offered for
sale below $ 750,000 has been
in dramatic decline within the resale market as median priced
homes rise and
new construction offerings, few as they are, struggle to deliver meaningful numbers of
homes at more affordable price points.