13.4% plummet sales of new homes in U.S.

NEW YORK ( TheStreet) — Sales of newly constructed homes plunged in July, even as more inventory hit the market. According to the census bureau, new home sales dropped 13.4% in July to a.

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WASHINGTON (AP) – U.S. home sales cratered in December, causing price growth to slip to the lowest level in more than six years as the housing sector ended 2018 on a decidedly weak note. The National Association of Realtors said Tuesday that sales of existing homes plunged 6.4 percent to a seasonally adjusted annual rate of 4.99 million last month, the worst pace in almost three years.

New U.S. home sales drop to 394,000 rate in July. Published: Aug 23, 2013 10:00 a.m. ET WASHINGTON (MarketWatch) — Sales of new U.S. homes dropped 13.4% to a seasonally adjusted annual rate of 394,000 in July, the lowest rate since October, as all four regions posted declines, according to government data released Friday.

Yet Investment Sales Climb 4.5 Percent According to a new U.S. second-home survey by the National Association of Realtors, last year’s strongest pace of existing home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors.

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New-home sales fell 13.4% from June to an annual pace of 394,000, the Commerce Department said Friday. The drop, the steepest in three years, pushed sales down to the lowest level since October.

U.S. home-sale prices edged up again in May, growing 3.6 percent from a year ago to a median of $315,700 across the metros Redfin tracks. While this was the biggest annual home price increase in seven months, it fell far short of the 7.1 percent growth rate of a year earlier.

Why Mortgage Pre-Approval Matters – North Florida Mortgage  · Does bank approving a shortsale require the buyer’s mortgage commitment letter? Asked by Pwerstreak, Queens, NY Thu Feb 3, 2011. In waiting 7 months for a shortsale approval to come thru, have money on escrow, and had a mortgage commitment all ready.

 · · Sales from mobile devices reached 14.4 percent versus 5.3 percent on Christmas Day 2010-an increase of 172.9 percent. Erika Morphy I’ve been a journalist for more than 20 years writing.

 · Sales of homes and condos in the $1.2 million to $1.6 million range sell briskly, Benaim says. Within the past four weeks, his firm has sold about.

 · Homebuying in and around High Desert communities fell 8% in a year with the biggest countywide sales drop in over four years. A big jump in the supply of homes, existing and new.