New Home Sales

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New Home Sales

A measure of how many newly constructed homes are sold in the United States over a given period of time. They are reported monthly and seasonally-adjusted annually. The measure of new home sales month-on-month and year-on-year is an important indicator of demand for houses. As a result, it greatly impacts the construction industry and related sectors.
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However, a new home sale is recorded when a sales contract has been signed or a deposit has been accepted.
Positive momentum in mortgage applications to homebuilder affiliates lead us to estimate that new home sales were up 29% in September compared to a year ago," MBA Vice President of Research and Economics Lynn Fisher said.
New home sales account for about 8 percent of the housing market.
This is proof that the UNHS sales team continues to excel as the Number One new home sales organization in Southern California.
2US: New home sales New home sales are on a rising trend, but homebuilders are still somewhat cautious about ramping up activity too quickly.
The prestigious honor was bestowed upon him from a vote of industry peers for his outstanding new home sales and buyer conversation ratio at 50 Parmley at Summit Place in Summit, NJ.
Compared to June last year, new home sales were up 15.
htm) inched up in April and new home sales (http://www.
Nationally, rising foreclosures are weighing on the housing market, reducing prices and keeping new home sales weak.
While the monthly increase is more than welcome, it is still a very dismal rate of new home sales.
The pace of new home sales is down 13 percent compared February 2009.
new home sales data for June bolstered hopes for the troubled housing sector in the country.