Activity in America’s residential real estate market continued to hum along at a solid pace last month, the latest official revealed, amid sharp price increases. New single-family home sales in.
Sales of new U.S. homes jumped 6.7 percent in May; south accounts for all of monthly sales growth By The Associated Press | Posted – Jun 25th, 2018 @ 8:04am
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GRAY – May’s regional housing market could not match the decade-high closings benchmark set in May last year, but that did not hold back home. sales prices can be found on the NETAR website’s.
US home sales jump to highest since May 2010.. New-home sales are up, builder confidence is at its highest level in more than six years and increases in home prices appear to be sustainable.
This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics. The data are from the Survey of Construction.
But sales volume overall has tumbled this year as buyers move away from builders’ best-selling product in Las Vegas – the.
Americans bought new homes in October at the fastest pace in a decade – a 6.2 percent monthly increase that reflects both the underlying strength of the economy and the worsening shortage of existing homes for sale. The Commerce Department said Monday that new-home sales last month rose to a seasonally adjusted annual rate of 685,000.
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The solid job market has helped to boost demand for new homes. Housing starts have risen 11 percent so far this year, with gains for both single-family houses and apartment buildings. Permits to build tumbled 4.6 percent in May, but permits are running 8.9 percent higher year-to-date.
Sales of previously owned houses in the US rose 2.5 percent from the previous month to a seasonally adjusted annual rate of 5.34 million in May of 2019. It follows an upwardly revised of 5.21 million and compares to market expectations of 5.25 million. Sales of single family homes jumped 2.6 percent to 4.75 million, rebounding from a 0.9 percent decline in April; while sales of condos.