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.
"We expect the strong increase in new home sales to continue as the fundamentals in the housing market remain strong and newer vintage homes are in short supply."
"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.
US CPI firming as new home sales hit 7-year high, manufacturing gains steam
He combines his international marketing experience, extensive internet and social media experience, and strong background in new home sales, construction, design and staging to provide exceptional service for both buyers and sellers.
New home sales were particularly strong as 2013 drew to a close, with figures from the Housing Industry Association (HIA) showing the first yearly rise since 2008.
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.
New home sales in the US reached a four and half year high in January according to the commerce department.
Nationally, rising foreclosures are weighing on the housing market, reducing prices and keeping new home sales weak.
threshold following positive reports on new home sales.
After declining at an average rate of 3.1 percent per month between July 2005 and April 2009, new home sales stabilized and grew at an average monthly rate of 1.1 percent through April 2010.