New-home sales dropped in July after solid first-half run

The supply of new homes available for sale dropped slightly during the month to 150,000, a 5.8-month supply. New home sales remain very depressed compared with the mid-2000 boom years.

 · Sales of new homes in the U.S. unexpectedly fell in July. Purchases of newly built single-family homes dropped 1.7% to a seasonally adjusted annual rate of 627,000 in July, the Commerce Department said Thursday. That was the second straight month of declines, following a sharp drop.

Revenues from home sales continue to show strength in the second quarter with a 33.6% increase. Sales volumes rose 17.7%, with a 65% increase in new home sales volume to. expenses incurred through.

The average sales price was $377,200. For Sale Inventory and Months’ Supply The seasonallyadjusted estimate of new houses for sale at the end of May was 333,000. This represents a supply of 6.4 months at the current sales rate. The June report is scheduled for release on July 24, 2019.

Jun 21, 2019- Real Estate in in Las Vegas, North Las Vegas and Henderson, Nevada. See more ideas about North las vegas, Real estates and Nevada.

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A decline in that activity acts as a drag on a state's economic performance.. Georgia's state GDP rose a solid 3 percent in 2016, the third highest among the. Real GDP in the first quarter of 2017 rose a disappointing 1.2 percent.. as residential construction has recovered from the deep recession after the.

Past experience has shown that markets begin to stabilize after about 4-6. Furthermore, with new listings generally lagging, demand has begun to. Even with these advantages, condo sales fell in the first four months of this.. up much better compared to Toronto, buoyed by still-solid condo price growth.

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 · The Commerce Department said new home sales dropped 10.4 percent to a seasonally adjusted annual rate of 536,000 units last month.

 · Sales of new U.S. single-family homes fell to an eight-month low in June and data for the prior month was revised sharply lower, the latest indications that the housing market was slowing down.

Home prices in 20 U.S. cities increase by most since 2014 Home prices across the U.S. returned to a more. But small cities saw the most transaction declines, led by Philadelphia, which saw sales fall 16.6% in April compared to last year. From Penta: 20.Refinance applications rise as rates fall to a seven-month low REO brokerage acquired by Quaint Oak Bank Quaint Oak Bank is a bank that specializes in savings, commercial & investment property lending, mortgage lending, and SBA lending. Quaint Oak Bank is actively using 12 technologies for its website. These include SPF, Microsoft Exchange Online, and Office 365 Mail.Washington DC, Tuesday, November 21,2017 – Interest rates on home mortgages were all over the place today. Of course, this happens as mortgage lenders across the United States are utilizing a combination of private money and government-backed finance programs like the FHA, VA, Fannie Mae and Freddie Mac.