Mortgage markets improved only slightly last week despite a large 2-day rally.
What’s Ahead For Mortgage Rates This Week : July 2, 2012
Tag: New Home Sales
New Home Sales Rise To 2-Year High
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis.
New Home Sales Rise For 7th Month Out Of 8
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones.
New Home Sales Revised Higher In February; Slip 7% In March
Sales of new homes ticked lower in March, unexpectedly.
New Home Sales Slip In February
Sales of new homes fell to the lowest levels in four months last month.
New Home Supply Falls To 5.6 Months
321,000 new homes were sold last month on a seasonally-adjusted, annualized basis. 7 of 10 new homes sold for less than $300,000.
Supply Of New Homes At 6.1 Months Nationwide
According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.
Behind The Housing Starts Headlines, The Story That Matters
Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit.
New Home Sales Approach Bull Market Territory
According to the Census Bureau, the number of new homes sold rose 2 percent in November, taking the metric to a 7-month high.
New Home Supplies Fall To An 18-Month Low
If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.