Items Tagged with 'New Home Sales'

ARTICLES

  • Redfin: Lackluster home price growth eases housing market competition

    Prospective homebuyers are the real winners
    In February, home sales increased only 0.6% from last year, marking the smallest annual increase since March 2012, according to new data from Redfin. Chief Economist Daryl Fairweather said since homes are now sitting on a less competitive market, first-time homebuyers now have a better chance of winning a home.
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  • New home sales fall further than anticipated to 6.9%

    Sales fall 4.1% below 2018 levels
    New home sales cooled off in January, according to the latest report from the Census Bureau and the Department of Housing and Urban Development. However, Navy Federal Credit Union Corporate Economist Robert Frick said with mortgage rates retreating, prices moderating and some improvement in supply on the way, 2019 may develop into a much better home hunting ground.
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  • New home sales rise 3.7% in December, signaling promising spring home buying season

    But level still remains 2.4% below 2017 levels
    New home sales rose 3.7% in December 2018, according to the latest report from the Census Bureau and the Department of Housing and Urban Development. Realtor.com Chief Economist Danielle Hale said some housing indicators, such as mortgage applications and pending home sales, are starting to show signs of life, suggesting that some thawing could be ahead as we approach spring home buying season.
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  • New home sales increase, but remain underwhelming

    Despite 3.5% uptick in August, numbers are lackluster
    Sales of new single-family houses increased 3.5% to 629,000 in August, up from July’s 608,000 sales and 12.7% above sales in August last year. Zillow Senior Economist Aaron Terrazas said it’s a sign of the times that what might normally be seen as lackluster new home sales is likely to be warmly received.
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  • Decreasing home sales reveal an underwhelming market

    Zillow Senior Economist Aaron Terrazas thinks the market is in trouble
    New home sales decreased in July as the market continues to remain relatively static, according to the new report from the Census Bureau and the Department of Housing and Urban Development. Zillow Senior Economist Aaron Terrazas said that home sales once again disappointed expectations, indicating that the market is in trouble.
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  • Is the housing market standing on shaky ground?

    This red flag could signal growth slow down
    While most experts agree the housing market is on solid ground, some are beginning to question red flags that are beginning to arise, possibly showing a slowdown in growth. Now, one expert wonders if the current growth in housing and the economy is sustainable headed into the second half of 2018.
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  • New home sales continue to slip in 2018

    But increased slightly from last year
    After plummeting in January, new home sales fell slightly lower in February, however, they still remained slightly above last year’s pace. Many experts explained that while new home sales are off to a slow start, they are still expected to pick up later in the year, driving growth in the housing market in 2018.
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