New home sales fell 7% in December

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Single-family home sales fell 9.3% month over month. The supply of homes at current sales rate rose to 5.7 months from 4.9 months; 295,000 new houses were on market at end of December. Purchases.

Sales of new single-family homes in December 2007 fell 4.7% in December from the month before to their lowest level since April 1995, according to the U.S. Commerce Department.

New home sales gain 3.7% in December, vs. estimate for 8.7% decline March 5, 2019 admin Economy 0 Sales of new U.S. single-family homes rose to a seven-month high in December, but November’s outsized jump was revised lower, pointing to continued weakness in the housing market.

Image: Construction under way at a new housing plan in Zelienople, with December's falloff in sales, brings existing home sales down by.

Implications: New home sales finished 2018 on a healthy note, signaling optimism after what was a rocky year. After a steady downward trend since March and an all-around disappointing report in October, new home sales have since rebounded moderately, posting gains in both November and December.

Sales fell 9.2% overall, sales in the west plunged 32%, the median price fell 5.7%, and supply rose. there is no revision to December which stands at a very solid 544,000. Sales in the West, which.

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New Home Sales Sales of new singlefamily houses in June 2019 were at a seasonally adjusted annual rate of 646,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

August new home. fell to a seasonally-adjusted annualized rate of 560K, down 3.4% from July, and 1.2% on a year-over-year basis. Expectations had been for a rise to 583K. At 560K, the pace is the.

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New-home sales ended 2013 on a weak note in the United States, underscoring threats to the housing rebound from rising prices and mortgage rates. Sales of newly built homes fell 7 per cent to a.

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That was a nearly 4.1% dip from December, but up almost 2.5% from a. January sales of new homes were down the most in the Northeast,