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.
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
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.