New home sales drop in August

Sales of newly constructed homes tumbled in August, even as the housing market remained starved for supply. New-home sales ran at a seasonally adjusted annual pace of 560,000, the Commerce.

including the government shutdown in January that affected sales. The home showing drop-off started with a 2.0 percent decline in August and has been down double digits ever since, from 10.9 percent.

 · DETROIT – U.S. sales of new cars and trucks were expected to drop in August, ending summer on a low note for the auto industry. general motors’ sales dropped 5 percent from last August.

The 13% decline in new home sales has created a lot of concern about. Hot: Las Vegas home prices (up 13.9% in August compared to the.

Having ticked up an upwardly revised 1.9 percent in June, the seasonally adjusted rate of new single-family home sales in the U.S. suddenly dropped 9.4 percent in July to an annual rate of 571,000 sales which is 8.9 percent below the pace of sales at the same time last year. Last month’s pace is now [.]

 · Pending home sales drop 2.6% in August; top Realtors economist warns housing market ‘stalled’. In the Midwest the index decreased 1.5 percent for the month and was 3.2 percent lower than August.

USD/CAD Daily Price Forecast – Loonie Skyrocketing to Weekly Top Levels Amid 1.67% Drop in Oil Prices – And, the analysts expect the Services PMI to increase with 0.2% today. Third, the MoM New Home Sales report for the April is.

New Home Sales Sales of new singlefamily houses in March 2019 were at a seasonally adjusted annual rate of 692,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

(RTTNews) – After reporting an unexpected decrease in new home sales in the U.S. in the previous. NAR is due to release its report on pending home sales in the month of August. Pending home sales.

Sales of new homes in the United States and in New Mexico dipped slightly in August from July. New-home sales edged down to a seasonally adjusted annual rate of 373,000 in August, a dip of 0.3.

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Matt Hughes, president of the Realtors association, said home sales in 2018 were offset by all the properties that changed hands as a result of the August 2016 floods. Ascension Parish had the.

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