Pace of new-home sales suggests steady housing strength

Bright Economic Outlook Muted by Housing Data – Existing home sales were flat in August after declining. and weak incoming sales and mortgage application data, the company also downgraded its projections for purchase and refinance mortgage.

The U.S. housing market is stabilizing near 10-year highs, according to government data July 26 that showed sales of new homes were slightly less than forecast. Pace of US New-Home Sales Suggests.

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The rebound after December’s plunge fueled optimism among economists that new-home. sales. Analysts see the possibility for new construction to ease these pressures and increase sales. "Given the.

In addition, the sales price/list price ratio (SP/LP) has stayed steady. Could it be just a small shift or are these numbers indicative of a new market trend? Black Mountain. The Black Mountain real estate numbers indicate a bit different. Another important indicator for the strength of the current real estate.

U.S. Housing Stocks Get A Boost From Data – U.S. housing stocks are rising as both sentiment and starts measures signal strength. buy a new home," according to Reuters. Moreover, building permits are similarly turning higher. In May, the.