WASHINGTON (AP) -- Sales of new and existing homes both dipped slightly in February, but demand remained strong as housing continued to demonstrate few adverse effects from the slowdown in the overall economy.U.S. NewspapersTHE JOURNAL RECORD...
New Residential Sales data provides statistics on the sales of new privately-owned single-family residential structures in the United States.
New Home-Sales Data Confirms Market SlowdownROBERT SIEGEL
Chengdu has bucked the trend and achieved new highs in house prices, with both new and second-hand home prices having risen for 14 consecutive months. Data from the National Bureau of Statistics further confirmed this, showing that second-hand properties in Chengdu experienced a month-...
New home sales surprised big time on the upside. First, let’s look at the actual news. The Census Bureau reports that new home sales for June were 384,000, an 11% increase over May sales of 346,000. New home sales were 21.3% below the results for June 2
As existing home pricescontinued to climbin June, it'll be interesting to see if new homes become a viable alternative for price-sensitive buyers going forward. With mortgage rates at their current level and builders sitting on a lot of inventory, prices may drop even further in the coming ...
we will see a recovery in new home sales and thus homebuilding. However, first we have to clear out all the existing inventory overhang of both new and existing homes. That includes the shadow inventory of homes that have been foreclosed upon, or are about to be foreclosed on, but which...
Global rise in inflation throughout 2022 has added upward pressure on prices. That coupled with the premium being charged over ready-to-move-in residential units has pushed prices for new supply and existing inventory across top cities of India by 7 ...
New Home Sales data and other internal metrics, such as theabsorption rate, are closely monitored by market participants as changes can be predictive of broader movements in the economy, such as the onset of arecessionor the beginning of aneconomic recovery. ...
Sales fell short of the annual rate of 640,000 forecasters had expected, according to a survey of economists byDow Jones NewswiresandThe Wall Street Journal. The slump in sales for newly-built homes despite rising inventories echoes thetrend in sales of existing homes. The data may reflect a...