New-home sales decline in January to three-month low

New home sales, which are drawn from permits, are volatile from month to month. The housing sector has shown signs of weakness recently, as data in January showed that existing home sales fell to.

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Builder Confidence Remains Strong as New Year Starts. The three HMI components registered relatively minor losses in January. The index gauging current sales conditions dropped one point to 79, the component charting sales expectations in the next six months fell a single point to 78, and the index measuring buyer traffic fell four points.

Hamptons homebuyers hold off while waiting for lower prices

Sales of existing homes fell to a three-year low in January, with prices surging especially high for those looking to buy their first home. Home sales skid to biggest drop in three years in January

December’s sales were revised up to a 427,000-unit pace from the previously reported 414,000-unit rate. Economists polled by Reuters had forecast new home sales. a 1-1/2 year low in January and.

New home sales shot up 6.1% in February aided by 39% jump in the mid-west but a 21.4% decline in the Northeast. Sales came in just a bit below the top Econoday estimate. New home sales shot 6.1 percent higher in February to a 592,000 annualized rate that easily beats the Econoday consensus for 565,000 and is near the top estimate of 600,000.

Home sales hit 18-year low in Metro Vancouver Low mortgage rates have builders feeling more optimistic.. Current sales of homes were up three points to 67. Meanwhile, sales expectations over the next six months rose five. Fewer new homes are being built in the Northeast which comes in at. Existing home sales were down 1.2% in January to a.

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U.S. New-Home Sales Decline in January to Three-Month Low Purchases of new homes drop in three of four U.S. regions, led by the biggest decline in the Midwest since 2012.

New home sales regained all the ground they lost in June, jumping by 13,000 to an annualized rate of 372,000 in July, the Census Bureau and HUD reported Thursday. Economists surveyed by Bloomberg.

New home sales fell 3.3% last month in another sign that the housing market weakened amid extreme winter weather. Builders sold homes at a seasonally adjusted annual rate of 440,000 in February – a.