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Sales of new U.S. single-family homes rebounded in March from February's downwardly revised level, drawing support from a persistent shortage of previously owned houses on the market, but momentum ...
Sales of newly built single-family homes in the United States soared in March despite mortgage rates remaining elevated that month.
Existing home sales, which make up the majority of the housing market, fell 4.3% in March to a seasonally adjusted annual rate of 4.19 million, the National Association of Realtors reported Thursday.
The pending sales report is the latest datapoint this week to highlight how a dearth of for-sale properties is helping to prop up prices and push buyers into the new-home market.
The following reports on economic indicators are reported by United States government agencies: Business activity Wholesale Inventories; Industrial Production (Federal Reserve) Capacity Utilization; Regional Manufacturing Surveys (purchasing managers' organizations and Federal Reserve banks) Philadelphia Fed Index (Federal Reserve Bank of ...
Economists polled by Reuters had forecast new home sales, which account for 13.1% of U.S. home sales, would hit a rate of 640,000 units. New home sales are counted at the signing of a contract ...
More homebuyers signed contracts to purchase homes in March, pushing pending sales to their highest clip in a year. ... of 0.6% in the median new home price to $426,100 this year, down from ...
The National Association of Realtors (NAR) said on Wednesday its Pending Home Sales Index, based on signed contracts, rose 7.4% last month to 75.8 - the highest since March - from 70.6 in August.