New-home sales unexpectedly jump to highest level since 2007

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The hot US housing market saw sales surge again in November to the highest level. States, new home sales soared 31.1 percent to an annual rate of 194,000 units, the biggest monthly gain since.

WASHINGTON (Reuters) – Sales of new U.S. single-family homes unexpectedly. new home sales surged 18.9 percent to a seasonally adjusted annual rate of 667,000 units last month amid an increase in.

U.S. New-Home Sales Unexpectedly Jump to Highest Since 2007. – U.S. purchases of new homes unexpectedly surged in September to the highest level in a decade as activity accelerated in the South after hurricanes Harvey and Irma, according to government data Wednesday. The biggest monthly gain in home sales since January 1992 reflected an increase in the number.

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Home prices up for 1st time in 3 years · New home sales: 'Really good news'. total job losses to 2.6 million or the highest level in more than six decades.. hours had been cut – jumped by 715,000 people to 8 million, the highest since. which began in December 2007, far surpassing the previous two.

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Steady job growth and improving wages are continuing to drive demand, building on last year’s new-home sales that were the strongest since 2007. While mortgage costs remain above pre-election levels, they’re becoming less of a curb on the market, with the average 30-year fixed rate falling last week to the lowest since November.

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FHFA launches resources for lenders serving Spanish-speaking borrowers Federal Housing Finance Agency | The AgencyLogic Blog – Washington, D.C. – Oct. 15, 2018 The Federal Housing Finance Agency (FHFA), Freddie Mac (OTCQB:FMCC), and Fannie mae (otc bulletin board: fnma) together announce the launch of Mortgage Translations – a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors, and other real estate professionals in serving limited english proficient (lep) borrowers.

With supply tight, the median price for a new home increased 9.7 percent from a year ago to a record $321,100. New single-family homes sales soared 15.8 percent in the populous South to the highest.

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