New Home Sales Down 6.9% in April

The number of new homes for sale at the end of the month was little changed at 333,000. The supply of homes at the current sales rate increased to 6.4 months from 5.9 months in April.

Sales of new single -family houses fell 6.9% in April as prices rose. analysts believes sales. New home sales drop in April but outlook is bright.

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WASHINGTON – Sales of new U.S. homes fell 1.5% in April as buying plunged in the West. The Commerce Department said Wednesday that new homes sold last month at a seasonally adjusted annual rate.

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Still, sales were up from a year earlier and up for all of 2017. Sales of new single-family houses in December 2017 were at a seasonally adjusted annual rate of 625,000, 9.3% below the revised November rate of 689,000 but 14.1% above the December 2016 estimate of 548,000, according to estimates released jointly today by the U.S.

WASHINGTON – Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers.The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000 in April, down from 723,000 in March.

Decline for April Sales Masks 2017 Gains By Robert Dietz on May 23, 2017 (). Contracts for new single-family home sales fell more than expected in April, declining 11.4% to a 569,000 seasonally adjusted annual rate according to estimates from the joint data release of HUD and the Census Bureau.

New Home Sales Down 1.5% In April. This is 1.5 percent (11.8 percent)* below the revised March rate of 672,000, but is 11.6 percent (23.7 percent)* above the April 2017 estimate of 593,000. The median sales price of new houses sold in April 2018 was $312,400. The average sales price was $407,300. [ Full Report]

New home sales down 7.6% (August) CNBC Videos. September 26, 2016. CNBC’s rick santelli reports on data on new home sales in August. Reblog. Share. Tweet. Share. What to Read Next.

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The median price of a new home dropped nearly 6.9% from March to April to reach $312,400, according to a joint report by the U.S. Census Bureau and the U.S. Department of Housing and Urban.

The Commerce Department said on Thursday new home sales dropped 6.9% to a seasonally adjusted annual rate of 673,000 units last month.

Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers.