Items Tagged with 'New Home Sales'

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New home sales drop more than 10% in December

Actually up 12% for 2016
Following the drop witnessed earlier this week in existing home sales, new home sales followed suite and dropped in December. However, performance was still up for the year as 2016 saw an increase in new home sales by more than 12%.
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MBA: New home sales rise 12% in November

But is it enough?
Mortgage applications for new homes increased in November thanks to continued improvements in the overall economy and job growth. However, there’s still a lot of room for growth. Lynn Fisher, MBA’s vice president of research and economics, explains what’s ahead for housing.
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New home sales increase nearly 30% in September

Home supply gets slightly better
Home sales increased in September after dropping the month before. However, although many economists expected this increase, noting that it showed strength in the economy, not everyone agreed. One thing they did all agree on: there is still room for more growth.
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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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