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Items Tagged with 'New Home Sales'

ARTICLES

Analysts: New home sales stall-out is a disappointment

Expect some rebound but demand remains restrained
Trey Garrison
New home sales stalled in September to just 0.2% growth, following the previous month’s downwardly revised jump of 10%. Analysts think this is more an outlier than a trend, but any optimism is heavily qualified.
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New home sales gains screech to a virtual halt in September

Sales rise just 0.2% led by massive drop in West
Trey Garrison
Gains in sales of new single-family houses in September 2014 came to a screeching virtual halt, printing at a seasonally adjusted annual rate of 467,000.
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Monday Morning Cup of Coffee: Mortgage lending set to loosen?

MBA Las Vegas and housing metrics will dominate the week
Trey Garrison
With the big Mortgage Bankers Association conference in Vegas, a big announcement from FHFA on the way, and housing metrics galore, it's like Christmas comes early. Follow HousingWire this week for real-time reports from the MBA Convention and Expo.
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Mortgage applications for new homes flat in September

MBA: Annualized 425,000 units is up 0.2% M-M
Trey Garrison
Mortgage applications for new home purchases remained unchanged relative to the previous month, according to the Mortgage Bankers Association Builder Application Survey data for September 2014.
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New single-family home sales see biggest jump in 22 years

August increase to six-year high comes off disappointing July
Trey Garrison
Sales of new single-family houses in August 2014 were at a seasonally adjusted annual rate of 504,000, up from July’s printing of 427,000, the fastest rate in six years and the biggest monthly jump since January 1992.
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New home mortgage apps free-fall in August, down 9%

August new home sales down 2.1% from July based on MBA data
Trey Garrison
Mortgage applications for new home purchases plunged 9% in August from the July level, according to the Mortgage Bankers Association Builder Application Survey.
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This 1 chart shows why housing can’t shake the bad news blues

And yet every report comes in as “unexpected” to some
Trey Garrison
Going into Monday’s report on new home sales, analysts were predicting new home sales would come in above the 430,000 annualized rate, which would have been a 6% gain. Instead we got a 2.4% decline. A big swing and a miss. "Unexpectedly," of course.
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New home sales decline to four-month low, down 2.4%

Sales up YOY but well below analyst expectations
Trey Garrison
New home sales disappointed in July, coming in at a seasonally adjusted annual rate of 412,000, which is 2.4% below the revised but still paltry June rate of 422,000.
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Monday Morning Cup of Coffee: Housing data storm ahead

Can housing shake off the winter, spring and now summer doldrums?
Trey Garrison
It’s a week of key housing data and metrics releases, and the industry will get to see if housing shakes off the winter, spring and now summer doldrums, or if everyone admits that 2014 has been suboptimal. Either way, HousingWire will be there first with the most.
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New home sales collapse, erasing recent surge

Sales 11.5% down YOY; fall to 406,000 annual pace
Trey Garrison
Sales of new single-family houses plummeted in June to an annualized rate of 406,000, at least 20% below most analyst estimates. It was the biggest miss for new home sales in a year, and brings new home sales down to a level not see since December 2012.
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