New-home sales climb for a third straight month in March

US New Home Sales Unexpectedly Fall. The average sales price jumped to USD 394,300 in July from USD 372,400 a year earlier. The stock of new houses for sale went up 2 percent to 309 thousand, the most since March of 2009. This represents a supply of 5.9 months at the current sales rate.

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1 of 2 Sales of new homes in the United States forged higher for the third straight month in March, hitting the fastest pace since July, the Commerce Department reported. The acceleration came as.

Nationally, Existing-Home Sales Climb 1.1 Percent in March. conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February. The average commitment rate for all of 2017 was 3.99 percent.

By Alex Kowalski Sales of previously owned U.S. homes probably rose in March for a third month to reach the highest level since late 2009, further evidence of an improving real-estate market.

Two acquisitive mortgage bankers see first-quarter profits fall Why Organic GDP Growth And Inflation Elude Us – The X Factor – Second quarter GDP showed a modest rebound from the first quarter negative print. but it is no longer used to buy goods and services so we see money velocity fall. We can use this example: (($12.February’s foreclosure inventory fell to lowest rate since 1999 United States Foreclosure News – Foreclosure and delinquency rates continue to fall: CoreLogic – Inman.com. Foreclosure and delinquency rates continue to fall: CoreLogic Inman.com; February’s foreclosure inventory fell to lowest rate since 1999 national mortgage news; foreclosure rates continue to Decline DSNews.com; Foreclosure Rates Drop to Record 20-Year Lows 24/7 Wall St.

Sales of new homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that reflects a boost from lower borrowing costs. Single-family home sales rose 4.5% to a 692,000 annualized pace that topped all estimates in Bloomberg’s survey, while February’s figure was revised down somewhat, government data showed Tuesday.

Market Insights U.S. new-home sales climb for a third straight month in March Purchases of new homes climbed in three of four regions, led by a 17.6% jump in the Midwest.

Existing home sales dipped in February, continuing a three-month-long run of declining sales activity, according to the National Association of Realtors (NAR). Existing Home Sales Decline for.

Average mortgage rates hold steady amid global trade disputes Mortgage Rates Hold Steady Amid Global Trade Disputes. – Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following link for the Definitions. Borrowers may still pay closing costs which are not included in the survey.

Sales of new homes in the United States forged higher for the third straight month in March, hitting the fastest pace since July, the Commerce Department reported on April 25, 2017.

The Refinance Index increased 3% from the previous week.. U.S. new home sales drop for second straight month. Sales of new U.S. Data released today for march 2019 shows that the rate of home price increases across the U.S. has continued to slow. The S&P. U.S. housing starts climb more than estimated in April.