New-home sales slump 7% in April after reaching the best level of the cycle

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Meanwhile, the median size of new homes continues to decline.. Confidence among builders at the end of 2017 reached its highest measure in more than 18 years.. Rates on new home purchases have fallen five basis points since June. a homeownership rate of 63.7%, after reaching a cycle low of 62.9% during the.

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NEW YORK (CNNMoney) — Sales of new homes, a benchmark indicator both for the housing market and the overall economy, rose slightly but remained slow in September. Sales reached a 313,000 annual rate in September, 5.7% more sales than the revised estimate for August, according to a monthly report from the Census Bureau released Wednesday.

Unit Sales Slump in Mid-July. Sales of the week’s top 100 category bestsellers were 7% lower in 2018 compared to 2017. The President Is Missing by Bill Clinton and James Patterson was again #1 in the category, selling nearly 37,000 copies. During the week ended july 16, 2017, House of Spies by Daniel Silva was #1, selling almost 47,000 copies.

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The index gained 0.1% on Thursday even after shares of Apple Inc. ( AAPL) declined to a two-year low. Shares of Apple hit their lowest closing level since Jun 2014, following concerns over a slump in.

The number of homes for sale is rising and sales dropped sharply in March.. The median price for new and resale houses and condos – the point at. less than a year earlier and off the all-time high of $537,000 reached in June.. In fact , when broken down by county, the median dropped only in Orange.

New home sales slipped in February after January’s data was revised up to be much stronger than first thought. February sales were 618,000, down 0.6 percent from last month but up 0.5 percent.

April Pending Home Sales Slide as Inventory Remains Low. sales dropped 3.2 points in the Midwest to an index score of 98.5, and remain down 5.1 points year over year for the month. Sales in the South slipped a point to 127.3 in April and are now 2.7 points above the year-ago index score. existing-home sales closed 2017 at around 5.51 million.

The Dow jones industrial average (indu) fell 37 points or 0.6%, closing at the lowest point since April. home sales sank to a record low in January, according to a National Association of Realtors.