Sentences with phrase «sales pace declined»

The supply of homes at the current sales pace declined to 4.5 months from 4.6 months in April.

Not exact matches

Although Hershey reports annual sales exceeding $ 7.4 billion, its growth pace slowed in 2013 and 2014, followed by a 0.5 percent sales decline in 2015 and a rise of just 0.7 percent in 2016.
Harlan Levy: From the most recent data, including robust retail sales, slightly declining consumer confidence, and weak manufacturing, what is keeping the U.S. economy recovering at its subpar pace?
U.S. auto sales were expected to decline in April, compared with a year earlier, as the industry continues to cool off from a record pace set in 2016.
By 1993, competition from the smaller salsa companies was so fierce that Pace, Old El Paso, and a total of six of the top ten brands saw Texas sales decline three percent from the year before.
While at the beginning of the year many dealer were hopeful that sales would rebound at a pace similar to the declined experienced at the end of 2008 (a V shaped recovery), the overwhelming consensus now is the recovery will be a slow climb out where we don't anticipate annual sales to exceed 14 million units for another three to five years.
Worse yet, sales have declined for seven out of the previous eight months, ever since the the Federal Reserve signaled its intent to slow the pace of its Treasury bond purchases.
Turns out, all reports and analysis lean towards a flattening out of property prices in most Canadian markets, with some areas of the country experiencing a decline in both sales activity and prices, as other areas continue to experience price gains, albeit at a much slower pace than we've seen in recent years.
However, it somehow caused the pound to jump higher, likely because it noted that «Retail sales volumes grew at the fastest pace for two years in the year to September following a decline in the previous month's figures.»
Retail sales volumes grew at the fastest pace for two years in the year to September following a decline in the previous month's figures
How this works against the Xbox1 and Microsoft, is the fact bad news travels fast, so when this sale is all said and done, there will still be mumblings in the air as to how Microsoft lowered the price of the Xbox1 and also gave away a free game, this in itself will encourage would be buyers to hold off purchasing in the hopes that another sale would perhaps happen, it also compounds the ability for Microsoft to sell the Xbox1 at a consistent pace, they will see boosts, then sharp decline in sales due to those waiting on these specific deals.
Further, while the new console cycle has started strongly and demand for next - generation games was higher than expected, the retail demand for prior - generation games declined at a faster pace than the growth of retail sales for next - generation titles, resulting in the overall decline in sales in the retail distribution channels, down 7 % in North America & Europe YOY.
According to estimates from the Census Bureau, the monthly pace of new home sales declined 11.5 % from August, falling from a 529,000 seasonally adjusted annual rate to 468,000.
On balance, home sales are expected to experience a decline from the record - pace levels experienced during the first half of this year.
Existing - home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month.
February existing - home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors ®.
After a modest decline last month, existing - home sales bounced back in September to their highest annual pace of the year.
Existing - home sales in the West declined 1.7 percent to a pace of 1.18 million in March but are 4.4 percent above a year ago.
Lawrence Yun, NAR chief economist, says May home sales rebounded strongly following April's decline and are now at their highest pace since November 2009 (5.44 million).
Single - family home sales declined 3.8 percent to a seasonally adjusted annual rate of 4.76 million in January from 4.95 million in December, and are now 4.8 percent below the 5.00 million pace a year ago.
Existing - home sales declined in July from an upwardly revised June pace but are notably higher than a year ago, according
Total housing inventory at the end of November declined 0.9 percent to 2.09 million existing homes available for sale, which represents a 5.1 - month supply at the current sales pace, compared with 4.9 months in October.
He points to steadying mortgage interest rates, the top - out of home inventories, and declining new - home production as indicators that many markets are reaching a sustainable sales pace.
Annual sales set record Existing single - family home sales surged in 2004 to well above the record set in 2003, despite a decline in December from November's record 6.92 million unit * pace.
Following last month's decline, Yun expects existing - home sales in 2016 to be around 5.36 million, a 2.1 percent increase from 2015 and the highest annual pace since 2006 (6.48 million).
Sales of newly built, single - family homes declined 7.1 percent to a seasonally adjusted annual rate of 328,000 units in March from an upwardly revised, robust pace of 353,000 units in February, according to newly released figures from HUD and the U.S. Commerce Department.
Existing - home sales in the West declined 1.7 percent to an annual pace of 1.14 million in June and are 2.6 percent below a year ago.
Total housing inventory at the end of March declined 1.3 percent to 2.37 million existing homes available for sale, which represents a 6.3 - month supply at the current sales pace, the same as in February.
Single - family home sales declined 2.5 percent to a seasonally adjusted annual rate of 3.97 million in March from 4.07 million in February, but are 5.9 percent above the 3.75 million - unit pace a year ago.
«The March decline is from a stronger - than - expected sales pace in February, and looking at the first quarter as a whole, sales are up 3.7 percent from the fourth quarter of 2011,» notes NAHB Chief Economist David Crowe.
Last week the National Association of REALTORS ® reported total housing inventory at the end of March declined 1.3 percent to 2.37 million existing homes available for sale, which represents a 6.3 - month supply at the current sales pace.
Similarly, the pace of pending sales of existing homes declined for the fifth time in the last six months, falling an estimated 2.6 % in August.
The inventory of new homes for sale declined to 161,000 units in June, marking a razor - thin, 3.9 - month supply at the current sales pace.
Existing - home sales increased in July to their highest annual pace of the year, and the ongoing decline in distressed sales reached an important milestone, according to the National Association of REALTORS ®.
The slower pace of sales was largely responsible for a 2 percent decline in the Bay Area's median sales price, which dropped from $ 740,567 in the second quarter to $ 725,788 in the third quarter.
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