WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in January. Department said on Thursday new home sales declined 6.9 percent to a seasonally adjusted annual rate.
Sales of new U.S. homes unexpectedly declined in December for the first time in four. There is a chance that inventory could rise, hindering more progress for new home sales. Banks may seize more.
U.S. Existing Home Sales Decline Than Expected in December. The consensus forecast was for a 2.2% decline to 5.72 million units in decline. The data helps to gauge the strength of the U.S. housing market and is considered to be a key indicator of overall economic strength. Despite the disappointing end to 2017,
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Purchases of new homes dropped more than forecast in January as contract signings slumped in the western United States by the most since May 2010. Sales declined 9.2% to a 494,000 annualized pace.
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Sales of new U.S. homes dropped more than forecast in. Poor’s 500 Index declined 0.5 percent to 1,781.56 at the close in New York. The median forecast of 75 economists surveyed by Bloomberg called.
Investing.com – Pending home sales in the U.S. dropped more than expected in August, dampening optimism over the health of the housing sector, industry data showed on Wednesday.
· Single-family home sales declined by 9.3% month over month, the most since August 2016, to 625,000 on an annualized pace, according to government data released on Thursday, Jan. 25. U.S. new-home sales fell more than forecast in December
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Sales of previously owned U.S. homes declined more than forecast in December, data from the National Association. told reporters as the data were released. “Without new home construction, we will.
"Looking at all of 2017, applications increased by 7.1 percent compared to 2016. Based on December applications, we forecast that new home sales fell in December but remained nearly 16 percent higher than a year ago, and we are anticipating only modest year over year growth for new home sales in 2018.
· (Bloomberg) — U.S. purchases of new homes declined more than projected last month and were revised down in the prior period, showing the market returned to.