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Pace of new-home sales suggests steady housing strength

Foreclosure activity is at the lowest level in over a decade About 18.9 million homes in the U.S. stood empty during the second quarter as surging foreclosures helped push ownership to the lowest level in a decade. The number of vacant properties, including foreclosures, residences for sale and vacation homes, rose from 18.6 million in the year-earlier quarter, the U.S. Census Bureau said in a report today.

The housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast. single-family home sales increased 0.8% month-to-month to a 610,000 annualized pace (the estimate was 615,000).

Pace of new-home sales suggests steady housing strength Owning a home is more important than having kids for Americans Boundaries that your kid might inherit and follow outside of your home, and may. But most of us get on the phone in front of our kids more than we need to..

Despite some volatility in the month-to-month sales figures, October marks the sixth month in 2017 at an annual sales pace of more than 600,000. New home sales through October are running 8.9% higher than this time in 2016, in line with NAHB’s forecast.

"California’s housing market continued its strong sales rebound this year, resulting from the continued pace of distressed properties coming to market," said C.A.R. President James Liptak. "This follows two years of double-digit sales declines in 2006 and 2007. Looking ahead, we expect sales to moderate to a more sustainable pace."

Housing recovery slow and steady in 2015, looks to pick up pace next year.. Focusing on new home sales, Sam Khater, deputy chief economist at CoreLogic, said that sales volume is weak, but pockets of strength exist.

The U.S. housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast. Avenue Mortgage, LLC NMLS #1115220 August 7, 2017

People Are Making Big Money Kicking Detroit Residents Out Of Their Homes (HBO) Despite the strongest rate of global economic growth in a decade, new home construction remained sluggish in 2017. Total housing. pace in 2015 and 2016. The major home price indexes have outpaced.

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May New Home Sales: Slowly But Steadily, New Home Sales Climb Higher. New home sales rose to an annual rate of 689,000 units in May from April’s revised sales rate of 646,000 units. Months supply of inventory stands at 5.2 months; the median new home sale price fell by 3.3 percent on a year-over-year basis.

Sales of existing homes unexpectedly fell in January Sales of previously owned U.S. homes unexpectedly fell in January to a four-month low, indicating a shortage of available properties is increasingly hindering the real-estate industry, a National.

Pace of new-home sales suggests steady housing strength (Bloomberg) – U.S. purchases of new homes declined more than projected last month and were revised down in the prior period, showing the market returned to a less exuberant pace as the year drew to a close, according to government data Thursday.

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