New Home Sales End Three-Month Winning Streak, Still Up from 2018

Sales of new U.S. homes fell 1.5 percent in April, held down by a shortage of affordable houses in the most desirable areas and sharp pullback in purchases in the western United States.

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The climbed 0.4 percent to 2,596.64 – notching its first five-day winning streak since. its same-store sales grew by just 1.1 percent in November and December. The company also cut its earnings and.

Friday morning’s release of the February New Home Sales from the Census Bureau came in at 618K, down 0.6% month-over-month from a revised 622K in January. The forecast was for 623K.

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But will the winning streak last? Investors are betting that the Fed will move forward with a widely expected rate cut at the end of the. and China still uncertain, there are still potential storm.

CNBC’s Rick Santelli and Diana Olick report the latest read on new home sales.. 25 July 2018 CNBC’s Rick Santelli and Diana Olick report the latest read on new home sales.. Sign up for free.

Pending home sales continued to fall in the US at end of 2018, latest index shows pending home sales declined as a whole in the United States in December, but for the second month in a row the Western region experienced a slight increase, according to the latest index.. by 2.2%, while new.

Pending-home sales pop in October, snapping three-month losing streak. Pending-home sales jumped 3.5. NAR forecasts 2018 sales will rise only 3.7% as the lopsided market meets up with.

WASHINGTON (AP). – Sales of new U.S. homes tumbled 5.3 percent in June and the median sales price also slipped, a potentially ominous sign for the U.S. housing market. The Commerce Department said.

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For a third consecutive year, BC home sales exceeded 100,000 units in 2017 – the longest series of annual sales totals of that magnitude on record, says the British Columbia Real Estate Association (BCREA). But the organization says that this trend won’t hold up in 2018.