New home sales fell 7% in December

New-home sales in January ran slightly below the totals for 2018 and 2017. Buying fell in the Northeast, Midwest and South but rose in the West. The median sales price of a new home in January.

Steve Helber. US new-home sales fell 7.8% in May. In this June 13, 2019, photo a new home is under construction in Mechanicsville, Va. On Tuesday, June 25, The Commerce Department reports on sales.

a preliminary 416,250 single-family homes closed escrow in California, up 1.7% from 2015’s revised pace of 409,410. "December’s sales decrease was expected, and was primarily due to unseasonably.

In fact, sales of new single-family houses fell to 607000. Not only is this level down from December's revised rate of 652000, but it is also 4.1%.

Sales of newly built, single-family homes fell 7% to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from HUD and the U.S. Census Bureau. Despite the monthly drop, home sales in 2013 were up 16.4% over the previous year.

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New home sales gain 3.7% in December, vs. estimate for 8.7% decline March 5, 2019 admin Economy 0 Sales of new U.S. single-family homes rose to a seven-month high in December, but November’s outsized jump was revised lower, pointing to continued weakness in the housing market.

 · Sales of new homes plummeted 35.9% in the West and 17.6% in the Northeast. New-home sales rose 4.9% in the South and 6.3% in the Midwest, which are generally more affordable markets. The median sales price of a new home fell 2.7% from a year ago to $308,000.

Single-family home sales fell 9.3% month over month. The supply of homes at current sales rate rose to 5.7 months from 4.9 months; 295,000 new houses were on market at end of December. Purchases.

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 · Sales of new single-family homes dropped 7% in December to a seasonally adjusted annual rate of 414,000, but were up 4.5% from a year earlier, the U.S. Commerce Department reported.

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Sales of new U.S. single-family homes rose to a seven-month high in December, but November's outsized jump was revised lower, pointing to.

Penney’s shares fell. for 2.7% of J.C. Penney’s sales last year, but dragged on the company’s operating profit. It’s.