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New-Home Sales Are Recovering From Their 2018 Slump

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Southern California home sales see weakest June in 5 years, as prices hit record

New-home sales are considered a more timely barometer than purchases. plans to buy $600 billion of Treasuries through June to “promote a stronger recovery” after their second meeting of the year on.

But the story so far in 2018 has been one of continuing deterioration. For the year to date, sales are just 3.5% higher than in the same period last year, a measurement that’s been falling.

 · US home sales slump in February; supply shortage hits market. At the bottom of the housing market in 2012, a typical homebuyer only needed to commit 32.2 percent of their income to buy the median priced starter home. That share of income has climbed to 37.7 percent, putting home ownership out of reach for many.

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The third straight monthly increase reported by the Commerce Department on Tuesday suggested some recovery. 2018, the biggest drop since 2010. In March, new home sales in the South, which accounts.

 · Sales and prices by property type. Dropping 40.2 per cent, Greater Vancouver’s single-family homes saw the biggest year-over-year decline in sales, to 926 units sold in May. However, this is a marked recovery from April’s 807 detached transactions, a rise of 14.7 per cent month over month.

Home sales aren’t just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country. Existing home sales in the United States fell 3.4 percent in August from September to a seasonally adjusted annual rate of 5.15 million.

The median estimate in a Bloomberg. in existing-home sales in the near term, but they’re expected to rise 5 to 10 percent this year with the economic recovery, job creation and excellent.

US Census Bureau New Residential Sales website New Residential Sales This Javascript allows the page in IE to resize to the minimum width of 853 pixels and no less.

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Sales people who have a poor start at the beginning of a year, often find themselves struggling for the rest of the year to catch up. The good news is, whatever you’re experiencing, we’ve all been there at least once. The bad news is, most of us don’t know exactly how to snap out of a slump, and.