US new-home sales fell 6.9% in April

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It indicates a way to close an interaction, or dismiss a notification. New-home sales in the US fell by much more than expected in April. Sales slumped by 11.4% at a seasonally adjusted annual rate of.

 · The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000 in April, down from 723,000 in March..

The Commerce Department said on Thursday new home sales dropped 6.9% to a seasonally adjusted annual rate of 673,000 units last month. March’s sales pace was revised up to 723,000 units, the highest level since October 2007, from the previously reported 692,000 units.

US new-home sales slumped 6.9% in April; sales of homes deemed affordable for middle class source of decline.

Sales of new U.S. single-family homes fell from near an 11-1/2-year. new home sales dropped 6.9% to a seasonally adjusted annual rate of.

New Home Sales Down 6.9% in April May 23, 2019 by Jill Mislinski of Advisor Perspectives This morning’s release of the April New Home Sales from the Census Bureau came in at 673K, down 6.9% month-over-month from a revised 723K in March. Here is the opening from the report: New Home Sales

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WASHINGTON (AP) – Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers. The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000 in April, down from 723,000 in March.

The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000 in April, down from 723,000 in March. Still, year-to-date home sales are running 6.7%.

Purchases of new homes fell in the Northeast and the West, where they dropped the most since 2010. Sales rose in the South and Midwest. Economists in Bloomberg’s survey had projected a gain to 684,000.