• U.S. home sales, manufacturing stumble; job market resilient

    3 monthes ago - By Reuters

    Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity hit its lowest level in almost a decade in May, suggesting a sharp slowdown in economic growth was underway.
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  • A few Comments on April New Home Sales

    A few Comments on April New Home Sales

    3 monthes ago - By Calculated Risk

    New home sales for April were reported at 673,000 on a seasonally adjusted annual rate basis. Sales for March were revised up to 723,000, a new high for this cycle. Sales in January and February were also revised up.
    My view has been that we'd see further growth in New Home sales. Last month I wrote: "My guess is we haven't seen the peak of this cycle yet." Didn't take long!
    Earlier: New Home Sales decreased to 673,000 Annual Rate in April, March Revised up to New Cycle High .
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  • New-home sales fall 7% in April

    3 monthes ago - By ETF Daily News

    From Andrea Riquier : The numbers: New-home sales were at a 673,000 seasonally adjusted annual rate in April, the Commerce Department said Thursday. That was 6.9% lower than March, but that month's tally was revised sharply higher. April's figures nearly matched the MarketWatch consensus forecast for a 670,000 pace of sales.
    What happened: Even though home sales fell in April, the trend is solidly up. The revised March sales figures were the highest since October 2007, and there were upward revisions to every month stretching back to December.
    Sales were 7% higher than a year ago in...
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  • U.S. home sales, manufacturing stumble; labor market strong

    3 monthes ago - By Reuters

    Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity slowed to its lowest level in nearly a decade in May, pointing to a slowdown in economic activity.
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  • New Home Sales decreased to 673,000 Annual Rate in April, March Revised up to New Cycle High

    New Home Sales decreased to 673,000 Annual Rate in April, March Revised up to New Cycle High

    3 monthes ago - By Calculated Risk

    The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate of 692 thousand.
    The previous three months were revised up.
    "Sales of new single‐family houses in April 2019 were at a seasonally adjusted annual rate of 673,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.9 percent below the revised March rate of 723,000, but is 7.0 percent above the April 2018 estimate of 629,000." emphasis added
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  • US new-home sales slumped 6.9% in April; sales of homes deemed affordable for middle class source of decline

    3 monthes ago - By Chron

    WASHINGTON - US new-home sales slumped 6.9% in April; sales of homes deemed affordable for middle class source of decline.
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  • New-home sales drop from March, but are up annually

    3 monthes ago - By Inman

    Sales of new single-family homes dropped 6.9 percent from March to April, but are up 7 percent year-over-year, according to the latest data.
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