New home sales fell 7% in December

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New home sales were at a seasonally adjusted annual rate of 621,000 as of the end of December, an increase of 3.7% compared with November but down 2.4% compared with December 2017, according to the latest figures from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.

Nationwide, new home sales for December fell 7.6 percent to a seasonally adjusted annual rate of 342,000 from an upwardly revised November pace of 370,000, the Commerce Department said Wednesday.

WASHINGTON (AP) – March 6, 2019 – Sales of new U.S. homes climbed in December to their highest pace in seven months, a sign that lower mortgage rates are helping the real estate market. The Commerce Department said Tuesday that new-home sales rose 3.7 percent in December to a seasonally adjusted annual rate of 621,000.

Both the number of homes sold and the median sales price of those homes. 7. Chip Roy single-handedly blocks disaster relief. May 24 at 4:48 PM.. In 2018, homes sales and the median price set new records, Sales fell by 11.1 percent from the previous December, with 2,370 homes changing hands.

Sales fell. while home-center sales edged up 0.3%. Big picture: The sales slump in December will weigh down the government’s official scorecard for the economy known as gross domestic product..

Sales of new single-family homes dropped 7% in December to a seasonally adjusted annual rate of 414,000, but were up 4.5% from a year earlier, the U.S. Commerce Department reported.

Pending home sales rise for 15th straight month NAR: Pending home sales rise for 3rd straight month-but. – NAR: Pending home sales rise for 3rd straight month-but..Trouble on the horizon January 31, 2018 By dave franecki pending home sales rose in December for the third straight month, providing further evidence that 2017 was a positive year for housing, but the National Association of Realtors doesn’t expect the good times to keep rolling.

New home sales fall 7.6 pct in December – Boston.com – Nationwide, new home sales for December fell 7.6 percent to a seasonally adjusted annual rate of 342,000 from an upwardly revised November pace of 370,000, the Commerce Department said Wednesday. Economists surveyed by Thomson Reuters had forecast a pace of 370,000 for December.

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Tips for preparing your home for sale when the weather is cooler and days are shorter.

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New-Home Sales Down 7% in December; Up 16.4% for the Year. – Sales of newly built, single-family homes fell 7% to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from HUD and the U.S. Census Bureau. Despite the monthly drop, home sales in 2013 were up 16.4% over the previous year.

Based on a new report by the California Association of Realtors, 372,260 level in December and down 12.6 percent from home sales in.

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The supply of homes for sale in the MLS (inventory), however, didn't. (new listings) actually fell, down 1% this December compared to last.

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