New Home Sales End Three-Month Winning Streak, Still Up from 2018

Home / Blog / New Home Sales End Three-Month Winning Streak, Still Up from 2018

Posted To: MND NewsWire

After three straight months of gains, April's new home sales were expected to give back a little and they did. The U.S. Census Bureau said sales of newly constructed homes were at a seasonally adjusted annual rate of 673,000 units, a 6.9 percent decline from March. The retrenchment was made even more likely by a significant upside revision to those March numbers; from 692,000 in the original estimate to 723,000, the highest number in at least a year. Despite April's decline, the month's sales pace is well above that in April 2018, up 7.0 percent from that estimate of 629,000. Analysts had predicted sales would slow to an annual rate between 640,000 and 696,000 units. The consensus of those polled by Econoday was 680,000. On a non-adjusted basis there were 66,000 newly constructed homes sold...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

08b8cea1 a612 49a5 9fe3 bf7770088355 9bf7af6f 9541 4e84 8a20 929d434a5da2 d32d9182 6bd3 43c0 813b 83f27d9b5f2b e40e65d4 aad6 4cf3 8536 abbe50613c61 ab388365 e66c 4ba1 8058 a27d6d467534 9fd4c3dd 050d 4967 bc9b 53a529115e05 5114de1d b08f 449e 9464 28af7d266d77 ac6949bc 21b5 41a9 9334 75be71bdb9ed aac1d995 1536 492a 9f1d a936c5cc3236 3c12a430 bf84 4ac1 b879 01eed925198b 90fdca71 0655 4074 b0bd ea7403a8469e 218c5803 b6e6 4565 bca7 bfd77b783acc 8afbd4a3 f7fd 4faa a9f6 da7a8926c0b3 0b2f6b82 1306 41e1 ae59 6a732f75eac2 7a0e7270 0657 44e5 998d d01e4670dc30 4cd110df e9b9 44a8 a615 34c720e344c5 1d5dc43b b617 4782 8571 3a6aada8e69c 6fd7bbb0 9d80 4515 b273 65d698481c9a 90e42cb0 7cfe 43de a0db 41f7ecefe7f6 0bb0803f 99ce 4fdd a859 ac43c591ad96 f61e9e6c bb34 48ae b71a 91d2fa593ff2 e29f0007 fcb3 4d2e 93e3 4029eba5faf7 0b5955e8 7458 4362 99b5 0af70dab14dd