New home sales fall 0.3% in October

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Smith Jr., Monitor of the National mortgage settlement. .56 billion in consumer relief to borrowers between March 1 and June 30, 2012. Additionally, first lien principal reduction trials were.

 · The median price of a new home dropped nearly 6.9% from March to April to reach $312,400, according to a joint report by the U.S. Census Bureau and.

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The pending home sales index showed mixed regional results in January. Only the South saw an increase, of 0.3%. Declines in other regions ranged from 4.9% in the Midwest to 3.2% in the Northeast.

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 · Sales of previously owned homes rose 1.4% in October from the previous month although they fell on an annual basis, signaling continued weakness in the housing market. The post New-Home Sales Fell 8.9% in October appeared first on Real Estate News & Insights | realtor.com®.

Overview. This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics.

The Commerce Department said Wednesday that new-home sales dipped 0.3 percent in October to a seasonally adjusted annual rate of 368,000.

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New home sales in the U.S. lost steam in December but wrapped up a solid year in a segment of the housing market that has faced tight inventory and fast-rising prices..

New-home sales fell in November, a sign of unsteadiness in the housing market despite ultra-low interest rates and sturdy economic growth. New-home sales fell in November, a sign of unsteadiness.

Meanwhile, the number of new homes sold and for sale dipped 1.5% from the previous month to about 662,000, according to the report. They rose, however, 11.6% from the same month a year earlier.

HUD: Robo-signing settlement to accelerate principal reductions In addition, the DOJ’s $13 billion settlement with JPMorgan provides for principal reductions and for the ability to refinance underwater mortgages. 120 The settlement will utilize these forms of remediation, as well as others, and will come from the $4 billion of the settlement that is earmarked for consumers harmed by JPMorgan’s illegal conduct.

After rebounding in May, new home sales plummeted 5.3% in June but were up 2.4% compared with June 2017, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.. The approximately 631,000 new home sales in June was down from about 666,000 in May but up from about 616,000 in June 2017.

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New home sales ticked down 0.6% last month to a seasonally-adjusted annual rate of 342,000, the Commerce Department reported. That was from a revised reading of 344,000 in April.