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

October Existing Home Sales Up 2%, Inventory Drops. Sales of multi-family homes increased by 1.7% in October to a seasonally adjusted annual rate of 610,000 units. All homes were on the market for an average of 34 days in October, unchanged compared with September and down from 41 days in October 2016.

There have been some signs that this is happening already, as last week was the second best week of the year for contracts signed in Manhattan on properties costing $4 million and above. It.

Woodford froze his main fund just hours after Kent County Council tried to withdraw its stake, and later explained in a video that the move was intended to avoid having to hold a fire sale to meet the.

Mike Pappas talks South Florida real estate The company cited fears of the Zika virus in 2016, and hurricanes in 2016 and 2017, for driving tourists away from South Florida. But the statistics. when Trump’s real estate empire faltered and he.

Retail sales slump extends to three months for first time since 2008 Like-for-like retail sales slipped by 1% in March, rounding off a miserable first quarter for the sector, according to the BRC.

Buyers pulled away from the builders in May, even as affordability. Sales of newly built homes fell 7.8% in May from April and were 3.7% lower. The average rate on the popular 30-year fixed mortgage started. for Realtor.com, who also pointed to larger issues hitting home sales.. Licensing & Reprints.

Some rates are at their highest level since early 2016.. New home construction tanks in March.. New construction may drive 2016's housing market. After already steep climbs, Seattle renters could face another 7% rise. for mortgages were up 1.3% in the week ending April 15 — the third advance in as many weeks.

The strength of new home construction continues to. per cent from back in the late summer or fall after oil prices began to fall off the rails,” said Kavcic. “I think for construction activity,

H&R Block sheds bank and unveils $3.5 billion stock buyback plan That’s because H&R Block still has $1.2 billion left on a current share buyback plan. Shares outstanding peaked at 339 million in the third quarter of 2009, a figure that currently stands at 300.

SF luxury home sales hit new monthly high, perhaps fueled by the local IPO effect .. Market activity typically begins to significantly slow for the summer, hitting its mid-year. Further down is a link to an updated san francisco home price map, and by percentage growth, SF had the 2nd highest rate in the Bay Area after.

Top US Regulator Warns Financial System Is At Risk Due To. Climate Change "The refusal of President [Donald] Trump to acknowledge climate change being human-caused and his dismantling of regulation designed to reduce carbon emissions, result in the US. systems or.

After July’s housing sales data horrors, yesterday’s permits rebound prompted some hope (despite last week’s 9.7% collapse in mortgage applications) but August’s existing home sales just crushed that dream, dropping to one-year lows. Following a 1.3% MoM decline in July, August saw existing home sales tumble 1.7% MoM (against expectations of a 0.2% rebound) and up just 0.2% YoY.

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