New home sales plunge 13% in July

WASHINGTON – Sales of new homes rebounded in May, helped by strong sales gains in the South and West. Sales of new single-family homes rose 2.9 percent last month to a seasonally adjusted annual.

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Real retail sales grew 3.4% yoy in July, making a new ATH. 2Q18 GDP growth was 2.9%, the highest in nearly 3 years. housing : New home sales grew 13% yoy in July. Housing starts were at the highest level of the past 11 years in May, but fell 1% yoy in July.

Year over year, new-home sales were up 12.6% in August. The new-home sales report measured the number of newly constructed homes with a committed sale in a month. Still, the reading was the second lowest in 2013. New-home sales data has been volatile. It plunged more than 13% in July, as buyers felt the impact of rising prices and higher rates.

And in sales, though Airbus fell well short of Boeing in total new orders. blaming wage hikes June real-estate numbers tell a now-familiar story: Seattle is losing buyers to Tacoma, other outlying.

But since the video of a rat running wild in a bakery case there went viral last month, the plunge in business has been staggering. Sales have fallen an average. Ashley Randall, 31, visits from her.

New-home sales have risen 7 percent in the 12 months ending in July. The annual pace remains well below the 700,000 that is consistent with a healthy market. Get the latest news delivered daily!

 · New home sales, which account for about 10.5 percent of housing market sales, decreased in the West (-35.9 percent to 125 thousand) and Northeast (-17.6 percent to 28 thousand), but rose in the South (4.9 percent to 389 thousand, the highest level since July 2007) and Midwest (6.3 percent to 84 thousand).

For the 22 business days ending Jan. 17, Orange County home sales fell 31.4 percent in a year as prices rose 0.1 percent, CoreLogic reported. Countywide, 2,102 homes sold vs. 3,064 a year earlier.

Shadow inventory falls 28% from its peak 8 days ago · Furthermore, June is seasonally a peak month for home sales and thus mortgage purchase applications should be soaring. KBH’s unit sales were flat but the average selling price plunged 8.5%. The Company had to resort to heavy discounting to move homes while it’s inventory continues to soar.CoreLogic’s Partner InfoNet revenue sharing grew 66% in 2014 Revenue sharing | government program | – Revenue sharing: Revenue sharing, a government unit’s apportioning of part of its tax income to other units of government. revenue sharing. government program. written By: The Editors of Encyclopaedia Britannica. See Article History.Obama scorecard shows home equity highest since 3Q 2008 The latest Tweets from Mortgage Rack (@MortgageRack). MortgageRack provides #mortgagenews, #appraisalnews, and industry news from all of your favorite news sources. Find out whats going on in the housing industry. Washington, DCRMBS investors warn on long-term hazards of shutdown Should I Get a Long Term Care Policy?. How Do Government Shutdowns Affect the Stock Market?. The second shutdown of 1995 is an interesting one because it happened during the holiday period.