New home sales fall 0.3% in October

July’s new-home sales figure was originally reported at an annualized rate of 298,000. Despite coming in just slightly worse than expected, August’s new-home sales rate was 6.1% higher than year.

Meanwhile, the number of new homes sold and for sale dipped 1.5% from the previous month to about 662,000, according to the report. They rose, however, 11.6% from the same month a year earlier.

Sales of new U.S. homes fell 5.3 percent in June, despite a tight housing market where buyers far outnumber sellers. The Commerce Department says newly built homes sold at a seasonally adjusted annual rate of 631,000 last month, less than May’s revised figure of 666,000. New-home sales have risen 6.9 percent so far this year.

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A gauge of U.S. homebuilding-industry stocks erased losses after the data and was up about 0.3% despite losses in the broader market, suggesting investors were focusing on the upward revisions to new.

Sales of new single-family homes in the U.S. dropped 0.3% to 368,000 in October according to the estimates released jointly by the U.S. Consensus Bureau and the Department of Housing and Urban.

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This month’s new home sales number came in weaker than expected, down -0.3 per cent from last month to an annualized rate of 373K units.Last month’s annualized rate of new home sales was.

WASHINGTON – A sharp slowdown in government-built schools and infrastructure caused U.S. construction spending to fall slightly in November. The Commerce Department said Friday that construction.

5 Critical "New" Home Buying Tips The average sales price was $368,600. For Sale Inventory and Months’ Supply The seasonallyadjusted estimate of new houses for sale at the end of June was 338,000. This represents a supply of 6.3 months at the current sales rate. The July report is scheduled for release on August 23, 2019.

The school’s present lease runs out Wednesday, and Pillsbury has not yet found a permanent new. of her fall classes to.

Resales of Canadian homes fell 0.2% in June from the previous month, the Canadian Real Estate Association said on Monday.. canadian home sales fall 0.2% in June – CREA Skip to Main Content.

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The Commerce Department said Wednesday that new-home sales dipped 0.3 percent in October to a seasonally adjusted annual rate of 368,000.