New-home sales fall to nine-month low while supply rises

New-home sales fall to nine-month low while supply rises

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U.S. purchases of new homes unexpectedly dipped to the weakest pace in nine months as higher prices and mortgage rates sideline demand,

US New Home Sales Unexpectedly Fall. The average sales price jumped to USD 394,300 in July from USD 372,400 a year earlier. The stock of new houses for sale went up 2 percent to 309 thousand, the most since March of 2009. This represents a supply of 5.9 months at the current sales rate.

The average sales price was $377,200. For Sale Inventory and Months’ Supply The seasonallyadjusted estimate of new houses for sale at the end of May was 333,000. This represents a supply of 6.4 months at the current sales rate. The June report is scheduled for release on July 24, 2019.

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New home sales fall to nine-month low while supply rises. New home sales fall to nine-month low while supply rises. The supply of homes at current sales rate rose to 5.9 months from 5.7.

Sales of new houses dropped in April from an 11-year high in March, according to a report from the Census Bureau and the Department of Housing and Urban Development. New-house sales fell 6.9% to a.

Private startups could be targets for public mortgage tech firms Average mortgage rates hold steady amid global trade disputes Home sales this year are forecast to hold steady at 2018 levels, supported by improved wage growth, slowing home price appreciation and lower mortgage rates. risks – the U.S.-China trade dispute. · As a tech startup, you should be able to identify a few ways in which technology and software can streamline the operation, such as automating simple business tasks. Further Your Knowledge. You could also further your own knowledge and skills so that you can improve your offering to your target customer.Expected slowdown in remodeling is good news for mortgage business People on the move: Aug. 3 People on the Move: Aug. 11. Recent new hires and promotions at area businesses. Post to Facebook Cancel Send. Sent! A link has been sent to your friend’s email address. Posted! A link has been."Home sales are set to tread water over the next couple of years, which is good news for the rental sector," the capital economics economists matthew Pointon and Andrew Burrell wrote in a recent.

Platinum extended a slump to a nine-month low. The greenback rose to the highest since June 2010 against a basket of 10 currencies as the U.S. reported a surge in new-home sales in August. This.

U.S. new home sales fall to 6-month low New single-family home sales in the United States fell in August to a 6-month low but the supply of homes available on the market dropped to a record low

The change in quantity supplied of a commodity due to change in the above mentioned factors at constant price, is called shift in supply or rise and fall in supply. (1). Fall in Supply. There are two types of fall in Supply. First type: When the price remains constant and quantity supplied decreases due to other factors, it is called fall in supply.

The 10-Year yield has climbed 42 basis points since the start of the year, aided by the 21% climb in the price of crude oil and 5% rise in. estimates, new home sales remain solid over the last year.

New-home sales fall to nine-month low while supply rises Mortgage employment up, with job growth easing pressure to cut rates Homes more affordable in central Ohio than most other U.S. cities

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