New-Home Starts Sink as Sales Slow, Inventory Grows.The article reports that construction of new homes in the U.S. declined in August 2006 due to rising inventories and slowing sales, according to the U.S. Commerce Department.EBSCO_bspWall Street Journal - Eastern EditionGerena-MoralesRafael...
Singapore New Home Price Growth Slows as Half-Year Sales Hit All-Time Low The Hill @ One-North was one of the second quarter’s few project launches (Image: Kingsford Development) Average prices for new private homes in Singapore rose 0.9 percent during the second quarter of ...
“The sharp drop in new home sales is another clear indicator that housing is in a recession,” said Danushka Nanayakkara-Skillington, NAHB’s assistant vice president for forecasting and analysis. “The combination of higher prices and increased interest rates are generating a notable slowing of ...
Last month, new home sales increased in all four regions. They hit asix-year high in the Midwest, while sales in the South were the highestsince June 2008. The inventory of new houses on the market was unchanged at 189,000units. At May's sales pace it would take 4.5 months to clear ...
“Home price gains and rising interest rates are slowing down the housing market, particularly in high-cost areas and among entry-level buyers who are sensitive to price increases,” says NAHB chief economist Robert Dietz. “Builders need to provide homes at different price points to address thes...
New single family home sales increased 2% MoM in February, driven by gains in the West. The inventory of new homes increased while price appreciation appears to be slowing. New home sales are expected to rise 6.7% this year, following a 14.3% gain in 2015Filip Blazheski...
has shown signs of slowing over the past weeks. It dipped to 2.9980% p.a. on 9 January 2023 and is at 3.0298% p.a. as at 16 January, compared to the recent high of 3.1415% p.a. on 27 December 2022. Although interest rates will likely remain elevated in 2023, hopes of a slower...
Home sales and construction will be driven down in the second half by a slowing economy and relatively high mortgage rates, according to the Mortgage Bankers Association. S Prakash - American Banker (pre-1997 Fulltext) 被引量: 0发表: 1997年 ...
But housing inventory is picking up and home price appreciation is slowing. Read MoreUS economy expanding above trend: Chicago Fed The inventory of new houses on the market increased 4.1 percent to 205,000 units, the highest since August 2010. ...
Strictly enforced restrictions to quell housing speculation including stricter home purchase curbs, higher down-payment requirement and mortgage rate as well as a lockup period for home sales, had led to slowing new property sales across the country over the past months. ...