admin United States Economy Comments Off on U.S. new homes sales surge 16%, while existing home sales plummet 10.7% Mixed results in the U.S. housing market for April. On Friday night, figures released for April showed sales for existing homes fell 2.6% to a seasonally adjusted annualised rate of 5.99 million.
Regionally, new-home sales were down across the board. sales fell 61.8 percent in the Northeast, 8.3 percent in the Midwest, 8.7 percent in the South and 6.7 percent in the West. The inventory of new homes for sale was 225,000 units in September. This is a 5.8-month supply at the current sales pace.
In U.S. trading on Friday, EUR/USD was up 0.18% at 1.3380. The commerce department reported earlier that new home sales in the U.S. dropped 13.4% to 394,000 units in July, far worse than market.
WASHINGTON – Sales of new U.S. homes plummeted 9.4% in July, the sharpest one-month drop in nearly a year. But the decline followed strong sales in previous months, and sales so far this year are.
Sales of new single-family homes took a big 13.4% month-to-month nosedive to a seasonally adjusted annual rate of 394,000 for July, according to a Commerce Department report (link opens a PDF.
At Home shares plummet to record close after earnings miss, stock downgrade. +0.19% has gained 13.4% for the period.. Real-time last sale data for U.S. stock quotes reflect trades reported.
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Both existing and new home sales in the U.S. were down in June, and their previous month’s results were revised lowered. The lackluster sales data caused homebuilder confidence to plummet to its.
Sales of new single-family homes took a big 13.4% month-to-month nosedive to a seasonally adjusted annual rate of 394,000 for July, according to a Commerce Department report (link opens a PDF).
Another week on financial markets driven by U.S.-China trade headlines. It is getting boring and quite annoying to step.
More: Diversified portfolio: 5 ways to invest in real estate More: U.S. new-home sales plummet in July, yet still ahead of last year More: Homebuilder sentiment soars in August on strong sales In July.
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Here’s Why Galapagos NV Stock Rose 13.4% in June. Maxx Chatsko, The Motley Fool.. Nordstrom opens women’s flagship in New York.. U.S. existing home sales drop more then expected in September.