New homes sales tumble 11.4% in March

Home Seriously underwater homes rise, new-home sales tumble.. the Census Bureau said Thursday that new-home sales took a nosedive in March. Sales toppled by 11.4% for the month after climbing by 5.6% in February.

Key stats through the week are limited to April existing home sales and new home sales figures due out on Tuesday. The numbers may reveal whether March’s strong figures were, in fact, as a result.

Seriously underwater homes rise, new-home sales tumble. April 24, 2015. WASHINGTON (4/24/15). the Census Bureau said Thursday that new-home sales took a nosedive in March. Sales toppled by 11.4% for the month after climbing by 5.6% in February.

Selling New Construction Homes | Tips for beginners New-home sales tumble in April after soaring to 10-year high. – New-home sales tumble in April after soaring to 10-year high in March. April’s figures were 11.4% lower for the month, but 0.5% higher than in the same period a year ago.. There were more.

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Tuesday, the U.S. Commerce Department said that new home sales fell 11.4% in April, to a seasonally adjusted annualized rate of 569,000 homes, down from March’s revised rate of 642,000 units. According to consensus forecasts, economists were expecting to see a modest drop to 611,000 units.

But a housing market turnaround is far from a lost cause. The industry seems to be reaching a sort of equilibrium. Compared to last February, new home sales were up 11.4%. And their prices are at an eight-month high, with the median price of a new property up 6.2% year-over-year to $233,700 in February.

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New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market.

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PDF Monthly New Residential Sales, April 2019 – This is 6.9 percent (14.0 percent)* below the revised March rate of 723,000, but is 7.0 percent (12.4 percent)* above the April 2018 estimate of 629,000. Sales Price The median sales price of new houses sold in April 2019 was $342,200. The average sales price was $393,700. For Sale Inventory and Months’ Supply The seasonallyadjusted.

Washington, DC, April 23, 2015-Sales of new homes were down 11.4% in March, at a seasonally adjusted annual rate of 481,000, according to estimates released jointly by the U.S. Census Bureau and.