Pace of new-home sales suggests steady housing strength

Builders report foot traffic through model units to be at the highest rate since mid-last decade. This, combined with a shrinking supply of homes for sale, has contributed to a rise in new home sale prices and suggests even higher home prices in 2013. Like most of the U.S. housing market, new construction appears to have bottomed in October 2011.

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Las Vegas "New Homes" Sales Housing Bubble 2018 PDF Housing Market Update July 2016 – New Hampshire Housing – Strong Pace of home sales closed sales in April of 2016 totaled 1,517, an increase of 20 percent from the same month in 2015. Cumulative sales for all of 2015 are 14 percent above the total sales volume in 2014. This level of increase in sales activity suggests a significant increase in demand in the housing market. Declining Surplus Housing.

The housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast. Single-family home sales increased 0.8% month-to-month to a 610,000 annualized pace (the estimate was 615,000).

The weak new home sales pace is at odds with other data that have suggested the housing market recovery is back on track. New house sales data, however, is volatile month-to-month because of a.

Moreover, the South, which accounts for the maximum number of new home sales, rose 0.8%. The Department of Commerce also revised the February sales pace to 667,000 units. are also signs that the.

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The pace. has led to steady growth in new home sales this year, even as sales of existing homes has declined 1.5 percent, according to the National Realtors Association. "Through the volatility,

Pace of new-home sales suggests steady housing strength (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 a less exuberant pace as the year drew to a close, according to government data thursday. single-family home sales fell 9.3% m/m.

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