New-home sales unexpectedly jump to highest level since 2007

Homebuilder sentiment rises to seven-month high in May U.S. Homebuilder sentiment unexpectedly rises With Solid Demand; October’s pickup in sentiment across the three sub-indexes and all four regions indicates the market for newly-built homes may be regaining steam after a broad cooling in housing in recent months.

 · June 14 2007: 12:46 PM EDT NEW YORK (CNNMoney.com) — Mortgage rates made their largest upward movement in nearly 4 years, and the 30-year fixed-rate.

A new home in east Boise. The U.S. Commerce Department says sales of new U.S. homes jumped in September to their highest level since October 2007. Hurricane damage in September might have inflated the data. Photo by Anne Wallace Allen. Sales of new U.S. homes jumped in September to the highest level since October 2007, a sign that Americans – unable to find existing homes – are turning to.

As new home sales have continued to decline, homebuilders have struggled.. The high rate of mortgage foreclosures is creating personal, in the fourth quarter of 2007 and the first quarter of 2008, likely jumped. as the unexpected shutdown of some production in the Gulf of Mexico during the spring.

US New Home Sales Fall Unexpectedly to 5-Month Low Sales of. US New Home Sales Jump to Near 1-1/2-Year High Sales of. New home sales were at the lowest level since March 2016. Published on.. Considering full 2016, new home sales went up 12.2 percent to 563,000, the highest since 2007.

 · WASHINGTON (AP) Sales of new U.S. homes jumped last month to the highest level since October 2007, a sign that Americans – unable to find.

Purchases of previously owned U.S. homes unexpectedly rose in July to the highest level since February 2007. home sales, tabulated when a purchase contract closes, account for more than 90 percent.

Sales of previously owned U.S. homes unexpectedly increased in November to the strongest level since early 2007, ahead of a jump in borrowing costs. of skilled labor and available lots in the.

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Sales of U.S. single-family homes unexpectedly rose in October, reaching a new milestone and offering a boost to the housing market. New Home Sales Just Hit Their Highest Level in a Decade Subscribe

Canadian Housing Starts Hit The Highest Level Since 2007. Starts of new housing in Canadian CMAs reached a multi-year high last month. The were 234,238 annualized starts in June, up 3.46% from the same month last year. The last time it was this high was in 2007, and even then it was for only the month of September.

Housing starts fell most in eight months in February Pending home sales fell by more than expected in February US pending home sales fell more than expected in February, according to the latest figures from the National Association of Realtors. The NAR’s monthly index declined 1% from January to 101.9 last.February saw new-home groundbreakings in the U.S. fall by 8.7 percent, the most in eight months, according to a government report released on Tuesday. The drop, which was steeper than expected.Inventory keeps contracting as higher rates deter sellers: Redfin Citi names Chubak to head consumer retail banking and mortgage Declining mortgage rates drive refis and new-home purchases  · Citi said more than 95 per cent of its transactions occur outside branches. Credit: Daniel Acker Citi’s head of retail banking Janine Copelin said less than 4 per cent of the bank’s customers had.If you’re looking to buy a house on the West Coast, good luck – more than two-thirds of the most competitive markets in the United States are in Washington and California, according to a new.