New-home sales dropped in July after solid first-half run

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After several years of blockbuster growth, B.C.'s economy is estimated to. Construction on the LNG Canada terminal and the Costal GasLink.. This imbalance is expected to fuel a modest drop in home prices over the next few years. After solid, above-trend growth in 2016 and 2017, New Brunswick's.

Buyers return to Toronto’s housing market But while a return to a more balanced market is good news for buyers, it doesn’t mean houses are now selling for a song; rather, the definition of buyers’, sellers’, and balanced markets refer to the level of competition in any given region, based on its sales-to-new-listings ratio.

July New Home Sales: The West Sinks New Home Sales In July New home sales fell to an annual rate of 571,000 units in July from June’s revised sales rate of 630,000 units. Months supply of inventory stands at 5.8 months; the median new home sale price rose by 6.3 percent on a year-over-year basis.

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Sales of new single-family houses in the United States dropped 6.9 percent from the previous month to a seasonally adjusted annual rate of 673 thousand in April 2019, from a revised 11-1/2-year high of 723 in March, while markets had forecast a 2.8 percent fall to 675 thousand.

WASHINGTON – U.S. home resales fell more than expected in July after four straight months of strong gains, as a lack of inventory limited choice for buyers, but further price rises suggested the.

New home sales in the U.S. unexpectedly decreased in the month of July, according to a report released by the Commerce Department on Thursday. The report said new home sales dropped by 1.7 percent to an annual rate of 627,000 in July after tumbling by 2.4 percent to a revised rate of 638,000 in June.

RBC seeks to join Canada mortgage-bond fray on nonprime deal Mortgage bond market may get a boost from new Canadian rules It could make sense for more lenders to package uninsured mortgages into bonds, which over time could become a cheaper and more.

Sales of New Homes in U.S. Hold Near Six-Year High: Economy – Since a lull in July, sales of new homes have. The median forecast of 76 economists surveyed by Bloomberg called for 470,000 new-home sales at an annual rate. Estimates ranged from 440,000 to.

A decline in U.S. purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously. buyers to look at new properties. New-home sales.

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