Items Tagged with 'New Home Sales'


New home sales drop in August

Still up from last year
New home sales dropped in August after July witnessed its most significant increase since the housing crisis. Annually, however, new homes sales in August still increased. Industry experts talk about the report, and why it still shows positive signs for the housing market.
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Fannie Mae: Economic growth to rebound in remainder of year

New home sales are the bright spot in housing
Economic growth will not continue on its present course, but will actually rebound in the second half of 2016, according to Fannie Mae. While some economic conditions continue to be a drag on potential growth, consumer and government spending will fuel the predicted increase to 2.6% growth by the end of the yea, Fannie Mae says.
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MBA: New home sales surge in August

Reached highest level since survey started
August turned out to be a strong month for new home sales. According to the latest Mortgage Bankers Association’s Builder Applications Survey, new home sales surged to the highest level observed since the survey began in 2012.
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New home sales post biggest July gain since the housing bust

Sales up by double digits in all areas
New home sales kept up the strong pace from June and soared in July, and while the news didn’t come as a surprise, it’s definitely welcome, according to these industry experts. Here’s proof that demand for new homes remains solid in a low interest rate, low unemployment environment.
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New home sales reach 8-year high

Beats economists’ expectations
New homes sales not only beat out experts’ expectations, but also hit an eight-year high. Although home prices are up, it does not seem to be discouraging the demand for new homes.
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New home sales reverse course, rise in April

Moves higher for spring-buying season
The latest April new home sales report shows signs that the housing market could finally be returning to normal after a series of up and down reports. One chief economist noted that so far in 2016, new home sales have declined each month. However, sales are now up a whopping 24% from last April.
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Home Depot stocking up for remodeling wave?

Dive deeper into the numbers and a strategy emerges
Today's earnings come on the heels of a weak building permits and housing starts report from the department of commerce. A closer look at those numbers, and Home Depot's, reveal a potential, bold strategy for the renovation retailer. Here it is.
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Here's the good news behind the volatile new-home sales data

February revised higher
New-home sales numbers from the U.S. Census Bureau can be extremely volatile. Rather than look at the core figures, several chief economists break down what the numbers mean for housing. While the numbers are not as bad as they appear, there are two caveats to be mindful of, according to Trulia's chief economist.
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Homebuilder market index remains unchanged

Last change was slight decrease in January
The housing market index remains unchanged from the past three months. Job availability and low mortgage rates may be pluses, but the low traffic in the market shows some first-time homebuyers still prefer to rent.
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