New home sales fall 0.3% in October

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Sales of new single-family homes in the U.S. dropped 0.3% to 368,000 in October according to the estimates released jointly by the U.S. Consensus Bureau and the Department of Housing and Urban.

The sale dwarfs the previous record-holder in New. of the real estate appraisal firm Miller Samuel. “It’s been on my list for four years,” said Mr. Miller, who said the unit, first listed for $250.

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July’s new-home sales figure was originally reported at an annualized rate of 298,000. Despite coming in just slightly worse than expected, August’s new-home sales rate was 6.1% higher than year.

New home sales ticked down 0.6% last month to a seasonally-adjusted annual rate of 342,000, the Commerce Department reported. That was from a revised reading of 344,000 in April.

New Home Sales Down 0.3% in October 10:00 AM ET Wed, 28 Nov 2012 CNBC’s Rick Santelli breaks down the numbers on last month’s new home sales, with CNBC’s Diana Olick.

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New-Home Sales Fall 8.1% in October. The median sales price of a new home fell a record 13.9% in the month to $194,900, the lowest level since 2003. October’s median new-home sale price was 9.4% lower than in the year-earlier month. New-home sales declined in most areas of the U.S., led by a 23.9% drop in the West,

The Commerce Department said Wednesday that new-home sales dipped 0.3 percent in October to a seasonally adjusted annual rate of 368,000.

Sales of newly built homes fell 11.5% in September, suggesting a highly volatile segment of the housing market could be cooling. Sales of newly built homes fell 11.5% in September, suggesting a.

New Home Sales Fall 3.4 Percent in August September 26, 2017 Sales of newly built, single-family homes in August fell 3.4 percent to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

The 373K annualized rate this month represents an increase of 27.7 percent (18.8%) over last year’s August new home sales estimate of 292,000, according to the release. More from the release:

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Meanwhile, the number of new homes sold and for sale dipped 1.5% from the previous month to about 662,000, according to the report. They rose, however, 11.6% from the same month a year earlier.

led to significant bankruptcies in the financial sector and a recession which shrunk GDP by 0.3% in 2008 and 3.1% in 2009. The effects on real estate prices was swift and significant, as for the first.