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Across the US, new home sales keep falling

Median weekly earnings of the nation’s 117.6 million full-time wage and salary workers were $908 in the second quarter of 2019 (not seasonally adjusted). This was 3.7 percent higher than a year earlier, compared with a gain of 1.8 percent in the CPI-U.

Mike Pappas talks South Florida real estate Mike Pappas Chief Executive Officer & President at The Keyes company.. national christian Foundation of South Florida. Board Memberships & Affiliations. Advisory Board Member. The International MLS Inc.. National Association of Realtors Real Estate Services.

Sales of new U.S. single-family homes unexpectedly fell for a second. KB Homes are shown under construction in San Diego, California, U.S.,

The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

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But others expect the hard times to keep coming. when sales fell by 0.2%. But, as of late, a "sharp acceleration" in.

New Home Sales vs. Existing Home Sales New home sales and existing home sales are released each month at about the same time. Many comparisons are made between the two series, but before doing any comparisons, one must be aware of some definition differences that affect the timing of the statistics.

Dinner party landlords take leave as tax rises are too hard to swallow The other thing that landlords should remember is that they should never stick with a standard variable mortgage rate. By doing this you are simply paying your mortgage company too much. Either negotiate a better rate or if they are not prepared to do this then look to swap products.

New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery.

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The most new home sales, about 21,000, were in the $200,000 to $299,999 range. That was up nearly 17% from the previous month. monthly sales fell across the nation, and sank the most in the West.

Sales of newly-constructed homes faltered in May but are higher year to date than in 2018 and prices are. The median price of a new home sold in May was $308,000, 2.7% lower than a year ago.. U.S. Economy.

July Housing Market Update. According to NAR, home sales rose 9% nationwide, while days on market (-8%)and listings dropped (.4%) in July. July is usually not a big month for real estate sales so an 8% price may predict even higher price rise rates in the fall. NAR believes home prices will rise 9% YoY.

Realtor.com Chief Economist Danielle Hale said although existing homebuyers are capitalizing on the recent decline in mortgage . . .

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