New-home sales unexpectedly jump to highest level since 2007

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New-home sales unexpectedly jump to highest level since 2007 A total of 82,972 properties were in some stage of the foreclosure process, whether in default, scheduled for auction or repossessed, in September – down 13% from August and down 24% from September 2015, to reach the lowest level since December 2005, according to ATTOM Data.

The sector had long been the Achilles heel of the economy’s recovery from the. the lowest since October 2005 and down from 5.0 months in April. New home sales last month were buoyed by a 36.7.

New-home sales unexpectedly jump to highest level since 2007. Single-family home sales rose 18.9% month-to-month to a 667,000 annualized pace (the estimate was 554,000), the strongest since October 2007. Purchases in the South surged 25.8% month-to-month to a 405,000 rate, the fastest since July 2007.

With the bigger than expected increase, the pending home sales index reached its highest level since reaching 111.3 in April of 2010, when home sales were boosted by a tax credit. Excluding a few spikes during the tax credit period, NAR said the index is at its highest level since March of 2007.

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With the unexpected increase, new home sales reached their highest annual rate since hitting 727,000 in October of 2007. The unexpected jump in new home sales was partly due to strength in the.

Month-to-month prepayments keep inching up CoreLogic appoints COO Frank Martell as president and ceo frank martell, president and CEO of CoreLogic, said for current homeowners, the strong run-up in prices has boosted home equity and in some cases, spending. “For renters and potential first-time.The dollar responded positively to the news, inching up 0.42 of a cent to 90.75 cents US before settling. he pointed to the volatility of Canada’s job creation numbers month to month. Alexander.

 · US new-home sales jump to highest level in 5 years. And customer traffic and builders’ outlook for single-family home sales over the next six months are at the highest levels since.

New Home Sales Unexpectedly Jump in October.. U.S. new home sales unexpectedly jumped in October, bolstering optimism over the health of the real estate sector, official data showed on Monday.

U.S. purchases of new homes unexpectedly surged in September to the highest level in a decade as. Single-family home sales rose 18.9% m/m to 667k annualized pace (est. 554k), the strongest since.

Essent posts higher net income at year’s midpoint However the company tightened its full-year adjusted profit forecast and said it now expects to earn between $6.90 and $7.10 per share, compared to a previous target of $6.80 to $7.16 per share. The.

US new home sales unexpectedly jump to highest since ’07. New home sales jumped 12.4 per cent to an annualised pace of 654,000 units in July, according to the Commerce Department, far outpacing Wall Street expectations for a 2 per cent decline. The reading was the highest since October 2007, according to Bloomberg data. "Housing activity is solid.

Last month, new single-family homes sales soared 30.2 percent in the Northeast to their highest level since October 2007. Sales in the south increased 1.3 percent also to a 10-year high.