New-home sales unexpectedly jump to highest level since 2007

New-home sales unexpectedly jump to highest level since 2007

New home sales unexpectedly jump in October.. U.S. new home sales unexpectedly jumped in October, bolstering optimism over the health of the real estate sector, official data showed on Monday.

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New Home Sales Rise to Highest Level Since 2007" is from the August 23, 2016, Economy section of The Wall Street Journal. It was written by Eric Morath and narrated by Alexander Quincy. 2016 Dow.

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The Commerce Department on Friday said new home sales. last month. Sales rose 16.5 percent from a year ago, boosted by a 43.8 percent jump in the Midwest to a nine-year high. Sales surged 7.7.

Sales, however, are being constrained by tight inventories and high prices, which are causing appraisal complications, delaying the closing of contracts. Data on house prices, residential construction.

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In other news, sales of new U.S. single-family homes unexpectedly fell for a third straight month in February. Steep declines in the Midwest and West were blamed for the decline. The Commerce.

U.S. Building Permits Soared to Their Highest Level in Nearly Eight Years – Permits for future projects climbed to the highest level in almost eight years. to a 1.28 million annualized pace, the most since August 2007. They were projected to fall to 1.1 million, according.

U.S. New-Home Sales Unexpectedly Climb to Highest in a Decade – U.S. purchases of new homes unexpectedly advanced in broad fashion last month, reaching the strongest pace in a decade and offering an encouraging signal for residential construction, according to.

Sales of new, single-family homes climbed 4.4% in November from October to an annual rate of 377,000 units – the highest since April 2010. New Home Sales Jump in November to Highest Since ’10.

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Washington: New home sales in the U.S. unexpectedly jumped to their highest level in well over a year in the month of March, according to a report released by the Commerce Department on Tuesday. The Commerce Department said new home sales surged up by 4.5 percent to an annual rate of 692,000 in March after soaring by 5.9 percent to a revised.

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US new home sales unexpectedly jump to highest since ’07. New home sales jumped 12.4 per cent to an annualised pace of 654,000 units in July, according to the Commerce Department, far outpacing Wall Street expectations for a 2 per cent decline. The reading was the highest since October 2007, according to Bloomberg data. "Housing activity is solid.

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