New-home sales decline in January to three-month low

New-home sales decline in January to three-month low

Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines. Single-family home sales fell from the prior month to a 607,000 annualized pace, according to a government report Thursday that was delayed two weeks by the partial government shutdown.

Green bonds and sustainable offerings are on tap this week as several sales are set to hit the market. Buyers are expected to snap up the paper that aims to fund clean water, school and housing.

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 · New-Home Sales Decline in January to Three-Month Low By . Katia Dmitrieva, Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois.. New-home.

Sales of new U.S. single-family homes fell for a second straight month in January, weighed down by steep declines in the Northeast and South, which could raise concerns the housing market is.

Pending home sales took a deep dive in January. contributed some to the region’s large decline." The inventory was at an all-time low for a January and down 9.5 percent from last year. Yun said.

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March home sales, prices decline in Connecticut. Home sales across Connecticut in March provided a weak lead-in to the state’s spring home buying season with sales and.

New-home sales decline to eight-month low as prices fall Published. New-home sales, tabulated when contracts get signed, account for about 10% of the market.. U.S. incomes fell in January.

January 11, 2019 By Diamond Credit Union. This equates to a three-month supply of homes and is down 26% from the year prior.. Huard also offers advice for home buyers who are faced with low inventories.. Although home inventory is down, new home listings typically rebound in the spring as warmer weather.

Existing home sales decreased in January, seeing the largest annual decline in more than three years, according to the latest release from the National Association of Realtors. Total existing home.

An unexpected decline in sales of previously owned homes last month to the lowest level since August 2016 indicates rising prices and lean inventories are impeding faster growth in the housing market, National Association of Realtors data showed on Thursday.

New-Home Sales Decline in January to Three-Month Low Katia Dmitrieva , Bloomberg News (Bloomberg) — Sales of new U.S. homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines.

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