New-home sales slump 7% in April after reaching the best level of the cycle – MarketWatch – UKA News

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Article: New home sales slump – In the Manatee-Sarasota market, builders are finding that low interest rates and bargain pricing is stiring buyer interest.

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April car sales are still at their second-lowest since 2012. In the brands ranking, the top two best-sellers are also among the best performers in the entire market growth-wise. Ford soars 24% year-on-year to 12% share while Volkswagen surges 47% to 8.7%.

New-home sales slump 7% in April after reaching the best level of the cycle Sales of newly-constructed homes fell but sales figures from earlier months were found to be much higher, painting a.

Sales were down 2.4 percent ending a year of fluctuating sales growth. The number of homes for sale declined 14.5 percent compared to a year ago, marking 27 months in a row of inventory declines.The typical home that sold in December found a buyer after 49 days on the market, five days fewer than 2016.

WASHINGTON (AP) – Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains. The Commerce Department said Monday that new homes sold last month at a seasonally adjusted annual rate of 689,000, up from 646,000 in April.

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April’s figures nearly matched the MarketWatch consensus forecast for a 670,000 pace of sales. What happened. Meanwhile, the pace of new-home construction is still tepid. In the year to date,

After three years of slowing annual average house price growth, we believe that 2018 could see a slightly stronger growth rate, but would caution against expecting too much. From an average house price growth rate of 3.7% last year, we project the 2018 average to shift a little higher to nearer to 5%.

According to data released by Australia’s Housing Industry Association (HIA) on Monday, new home sales fell by 4.7% in seasonally adjusted terms last month, partially offsetting the 8.9%.

New-home sales slump 7% in April after reaching the best level of the cycle. April’s figures nearly matched the MarketWatch consensus forecast for a 670,000 pace of sales.. Nearly half of.