New-home sales decline in January to three-month low

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Government shutdown cited as factor in decline of Maine home sales – Real estate agents have said low housing inventory and economic uncertainty contributed to the decline. The median sale price of homes for the three-month period from November through January was.

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Sales Price. The median sales price of new houses sold in June 2018 was $302,100. The average sales price was $363,300. For Sale Inventory and Months’ Supply. The seasonally-adjusted estimate of new houses for sale at the end of June was 301,000. This represents a supply of 5.7 months at the current sales rate. – Sales of new homes fell to a three-month low in January, driven by a decline in the Midwest as the housing sector continued to deteriorate.

The supply of homes at the current sales rate rose to 5.9 months from 5.7 months; 309,000 homes for sale was the highest since 2009. The first back-to-back decline since January was led by a 52.3% drop in the Northeast to 21,000 home sales, the fewest since 2015, as well as a 3.3% decline to 355,000 in the South, the biggest region.

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The average home sales price. saw the most new-home permits in 2017 was Arlington/Lakeland’s 38002 ZIP code, with 219 permits averaging 5,255. Foreclosure activity Shelby County residential.

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New-home sales decline to eight-month low as prices fall Consumer sentiment below expectations in final feb. read ISM: expansion slips, price pressures ease in Feb.

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The U.S. housing sector took another step backward in February — new-home sales, weighed down by blizzards and weak buyer demand, unexpectedly fell 2.2% to a record-low annual rate of 308,000, the

US New Home Sales at 8-Month Low. Sales of new single-family houses in the United States declined 5.3 percent from the previous month to a seasonally adjusted annual rate of 631 thousand in June of 2018, following a downwardly revised 3.9 percent gain in May.

“Expectations were for a modest decline in sales. the increase was due to the low number of sales from the previous three months. "September’s new home sales jumped strongly, stemming what could.

3 Reasons to Buy Into the Housing Market NOW Lowe’s Earnings Review: Outdoor Category Sales Decline Due To Rough Weather But Boost Profitability – Home improvement and construction product sales are. 4.62 million in January, 4.6 million in February and 4.59 million in March. In fact, sales in March represented a year-over-year decline of 7.5%.

The decline was led by a slump in customer. Employment and wage gains will probably help boost home sales. The labor market leapt forward in January, capping the biggest three-month gain in 17.