New home sales tumbled by nearly 6 percent in May—and the report revised downward the previous three months’ statistics, HUD and the Census Bureau reported Wednesday.
Tag: Mark Vitner
Existing Home Sales Fall for 4th Straight Month
Existing home sales fell for the fourth straight month in May, the National Association of Realtors reported Tuesday, as rising prices and low inventories continue to stymie momentum.
Home Prices Maintain Robust Pace
Home prices continued to post double-digit annual gains amid a red-hot spring housing market, according to the Standard & Poor’s CoreLogic Case-Shiller Indices.
New Home Sales Tumble to 10-Month Low
New home sales took a double hit yesterday, according to HUD and the Census Bureau: not only did April new home sales fall by nearly 6 percent, March sales revised sharply downward by more than 10 percent.
April Existing Home Sales Fall 2.7%
Existing home sales in fell for the third straight month in April, hamstrung by tight inventories and rising home prices, the National Association of Realtors reported Friday.
Supply Issues Hold Back April Housing Starts
Supply constraints continue to prevent a sizzling housing market from turning white-hot, with April housing starts falling by nearly 10 percent, HUD and the Census Bureau reported Tuesday.
Existing Home Sales Fall 2nd Straight Month Amid Record-High Prices
Existing home sales fell in March, marking two consecutive months of declines, the National Association of Realtors reported yesterday, even as the market saw record-high home prices and gains.
March Housing Starts Post at Highest Rate in 15 Years
Housing starts recovered from a sluggish February to its highest rate since 2006 in March, HUD and the Census Bureau reported Friday.
New Home Sales Take a February Hit
Historically, February has never been a big month for home sales—it’s cold, the weather is unpredictable and it’s, well, February. But during the hottest—and strangest—housing winter in memory, could this February also defy logic.
February Existing Home Sales Drop 6.6%
Existing home sales declined in February, following two prior months of gains, the National Association of Realtors reported yesterday.