New homes sales tumble 11.4% in March

New homes sales tumble 11.4% in March

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The number of new homes sold in the region dived 26.3% from March to April, a 13.7% drop from the same month a year earlier. In the Midwest, sales fell 13.1% from March, but were up 19.7% year.

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New sales fell. with a double-digit sales increase this March and growing builder optimism offering the latest signs that the housing market is moving past a sluggish stretch. Sales of newly built.

Sales of new single-family houses in March 2015 tumbled back down to a seasonally adjusted annual rate of 481,000, 11.4% below last month’s revised estimate of 543,000, the latest report from.

US sales of new homes tumble 11.4 percent in April, biggest drop in more than two years By The Associated Press | Posted – May 23rd, 2017 @ 8:10am Sales of newly built homes declined by 11.4% in March from their red-hot pace in February, which itself registered as the strongest month for sales in seven years, to a seasonally adjusted annual .

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New home sales tumble:. down 11.8 percent from the revised record high rate of nearly 1.24 million in March, when mortgage rates were near a 40-year low.. with half of all new homes costing. Should real estate agents disclose murder?

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Thus, while sales of existing properties saw a notable gain in March–rising more than 6%, on an annualized basis, to their highest level in 18 months–transactions involving new homes, tumbled by 11.4% in the latest month, to just 481,000 units, as measured against the prior month.

The sales rate for new single-family homes dropped 11.4% to 481,000 in March, hitting the slowest pace since November, the U.S. Commerce Department reported.

Handling New Home Sales Objections 2016-03-04  · THE WOODLANDS, Texas, March 03, 2016 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq:LGIH) today announced 245 homes closed in February 2016, up from 220 home.

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