New home sales drop to three-month low. NSW had the largest rise in sales of detached new homes in May, up 13.6 per cent, while South Australia rose 2.1 per cent. Queensland had the largest decline in sales, down 12.3 per cent, Western Australia was down 10.7 per cent and Victoria fell 8.5 per cent.
HomeStreet scales down mortgage originations, takes 1Q profit loss Along with reporting statistics for mortgage application volume, the Mortgage Bankers Association (MBA) also tracks information on average contract interest and effective rates. According to a january 30 article from Mortgage News Daily, these rates increased for all fixed-rate products.
January 2018 Existing-Home Sales Posted in Economist Commentaries , by Michael Hyman, research data specialist on February 23, 2018 NAR released a summary of existing-home sales data showing that housing market activity this january fell 3.2 percent from last month and dipped 4.8 percent from last year.
Also, relatively low inventories. from 4.3, the decline certainly seems to be more of a demand than a supply issue,” wrote Andrew Grantham, an economist at CIBC World Markets, in a research note..
New Home Sales Fall 3.4 Percent in August September 26, 2017 Sales of newly built, single-family homes in August fell 3.4 percent to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines. Single-family home sales fell from the prior month to a 607,000 annualized pace, according to a government report Thursday that was delayed two weeks by the partial government shutdown.
Productivity gains help CoreLogic’s 2Q net income rise by 2% Houston hotel market, worst in U.S., faces pain from Harvey Two, administered by the U.S. Department of Housing and Urban. John Culberson, whose Houston congressional district was the hardest hit by Harvey, he said. Culberson faces a well-funded Democratic.
New Home Sales Fall to 5-Month Low.. January’s sales were revised down to a 455,000-unit pace from the previously reported 468,000-unit rate. Economists polled by Reuters had forecast new home.
Despite this monthly decline, new home sales rose 8.3 percent overall in 2017 to 608,000 units. "The number of consumers planning to buy a new home in the near future is trending upward," said nahb chairman randy Noel, a custom home builder from LaPlace, La. "Inventory remains low, but its growth in 2017 is an encouraging sign.
GSE capital plan won’t work if investors cheated: Stockholder It’s Fed versus market as traders bet balance sheet slows hiking An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg) It’s Fed Versus Market as traders bet balance Sheet Slows Hiking. The critical line the Fed is trying to walk is one of slow balance.A U.S. regulator’s plan to boost capital in the mortgage-finance giants won’t work unless investors get "compensated" for the billions of dollars the government has collected from the companies in recent years, one shareholder said.
The Conference Board said Tuesday that its consumer confidence index dipped to 92.2 this month, down from a reading of 97.8 in January, which had been a three-month high. a.m.: Commerce Department.
The average home sales price. saw the most new-home permits in 2017 was Arlington/Lakeland’s 38002 ZIP code, with 219 permits averaging $305,255. Foreclosure activity Shelby County residential.