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Sales of new homes plummeted 35.9% in the West and 17.6% in the Northeast. New-home sales rose 4.9% in the South and 6.3% in the Midwest, which are generally more affordable markets. The median sales price of a new home fell 2.7% from a year ago to $308,000.

The Fed raised its benchmark overnight interest rate in December for the first time. Last month, the inventory of new homes on the market fell 0.4% to 243,000. At April’s sales pace it would take 4.

Republican Party calls for significant changes to housing in 2016 Actor Tom Cruise lists UK estate for $7.4 million film star tom Cruise-currently shooting the fifth film in the "Mission: Impossible" series-has listed his 298-acre Telluride, Colorado property for $59 million. Situated upon a rise overlooking 14,000-foot mountain peaks, the offering includes a nearly 10,000-square-foot main house-with.Republican Party calls for significant changes to housing in. – And if the Republican Party sweeps November’s elections, the world of housing finance could be in for some significant changes, as the 2016 republican party platform calls for seriously cutting.

New house sales in the U.S. slowed by 8% in January compared to last year, according to data from real estate site Redfin released Friday. January marked the fifth consecutive month that sales of.

Contracts to purchase previously owned U.S. homes unexpectedly fell in December by the most in a year, a sign the industry’s recovery remains uneven. The index of pending sales dropped 3.7 percent.

China’s new. sales will surely have hurt both revenue and profit. The likely result: Equity income from GM’s China joint.

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New home sales gain 3.7% in December, vs. estimate for 8.7% decline March 5, 2019 admin economy 0 Sales of new U.S. single-family homes rose to a seven-month high in December, but November’s outsized jump was revised lower, pointing to continued weakness in the housing market.

In a delayed report because of the month-long U.S. government shutdown, the U.S. Commerce Department said that new home sales increased 3.7% in December, to a seasonally adjusted annualized rate of 621,000 homes. According to consensus forecasts, economists were expecting to see a modest drop to 597,000 units.

New-home sales rose 4.9% in the South and 6.3% in the Midwest, which are generally more affordable markets. The median sales price of a new home fell 2.7% from a year ago to $308,000. Still, there.

Sales of newly built, single-family homes fell 7% to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from HUD and the U.S. Census Bureau. Despite the monthly drop, home sales in 2013 were up 16.4% over the previous year.

BEIJING (Reuters) – Growth in China’s new home prices cooled. property developers, which fell to 6.2% on-year in January-June, lower than a 7.6% increase in the first five months. Despite cooling.