New-home sales climb for a third straight month in March

US new-home sales rose to a 16-month high, climbing 4.5% in March USA TODAY Money – Yan Zhang Sales of new U.S. single-family homes climbed 4.5% in March, reaching a 16-month high, as falling mortgage rates and prices and stronger wage gains bolstered demand.

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US New Home Sales Unexpectedly Fall. The average sales price jumped to USD 394,300 in July from USD 372,400 a year earlier. The stock of new houses for sale went up 2 percent to 309 thousand, the most since March of 2009. This represents a supply of 5.9 months at the current sales rate.

Existing-Home Sales Climb 1.1 Percent in March News provided by. National Association of Realtors. fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March.

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The median sales price has increased just 1.2 percent over the past year to $311,400 in March. New-home sales jumped last month in the Northeast and West, grew modestly in the South and fell in the Midwest. Residential construction firms have added 112,600 workers over the past year, a 4.2 percent increase.

 · New-home sales stand for a third true month in march april 24, 2019 RSS FEED No comments Sales of new homes suddenly rose in March, climbing to a 16-month high to top a initial entertain with a third true boost that reflects a boost from reduce borrowing costs.

Sales of new homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that reflects a boost from lower borrowing costs. Single-family home sales rose 4.5% to a 692,000 annualized pace that topped all estimates in Bloomberg’s survey, while February’s figure was revised down somewhat, government data showed Tuesday.

WASHINGTON – Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states. New-home sales slipped 1.5 percent last.

The National Association of Realtors (NAR) said existing home sales declined for the third straight month in June. Total existing-home sales – which are completed transactions including single.

Mortgage results improve at Wells Fargo, JPMorgan Chase The U.S. Treasury Department’s recent audit revealed that the nation’s largest mortgage loan servicers. interest income is not hit hard. The results showed that Bank of America, JPMorgan Chase and.

New Home Sales Fall for Third Straight Month in February. January’s sales pace was revised up to 622,000 units from the previously reported 593,000 units. Economists polled by Reuters had forecast that new home sales, which account for 10 percent of housing market sales, would rise 4.4 percent to a pace of 623,000 units last month.

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