New-home sales declined more than forecast in December

 · Detailed calendar of economic events that impact United States for December 21, 2017. Part of an extensive economic calendar database covering many world countries and currencies.

We had a very disappointing report on December new home sales today. New home sales declined 10 percent in December from November to a seasonally adjusted annualized rate of 536,000. That December.

New home sales decreased significantly in January, falling from 2017's. This is down 7.8% from December's rate of 643000 and down 1% from. “It's also possible bad weather kept some buyers away earlier in the month. One expert, who served as Fannie Mae's chief economist for more than 20 years,

Tax reform had an effect on nearly half of homebuyers: Redfin California fines United Shore $1.4M for interest overcharges Does California need nearly as many active military bases (31. Even the funds requested for infrastructure will do little to shore up the nation’s crumbling roads, bridges, railways, highways,Almost half of U.S. stocks are more than 20% off their 52-week highs. We’ve had a little bit of a bounce-back in the markets over the past couple of days, but that number is still probably holding.Home prices in 20 U.S. cities cool with smallest gain since 2012 Home Prices in 20 U.S. Cities Cool With Smallest Gain Since 2012. Bloomberg – Reade Pickert. Home prices in 20 U.S. cities rose in February at the slowest pace since 2012, decelerating for an 11th straight month, as sellers continue to make.People on the move: Nov. 3

U.S. new-home construction rebounded by more than expected in January amid strength in single-family starts and a nine-month high for permits, signaling the market is stabilizing thanks to lower.

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Purchases of new homes fell more than estimated in September to the weakest pace since December 2016, adding to signs that a lack of affordability is crimping demand, according to government data.. New-home sales fall more than forecast to least since 2016. The decline in purchases was led.

 · According to CAR, sales in SF dropped 12.2 percent compared to 2017, with the median price of a house in SF actually down year over year, from $1.5 million last year to more than.

WASHINGTON (Reuters) – U.S. home resales fell more than expected in July after four straight months. The government reported on Tuesday that new home sales vaulted to a nine-year high in July..

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New home sales continued. and 3.0 percent higher than the march 2018 estimate of 672,000 new homes. Analysts polled by Econoday expected a pullback in March after the strong numbers earlier in the.

 · Monthly sales of cars continue to decline at double digit rates, yet Nissan had an increase in December – suggesting more than expected fleet activity. Of note, GM’s fourth quarter numbers declined at a faster rate than their annual total, suggesting product demand is weakening. We are forecasting sales to slow further in 2019.

Highlights of new-home sales (December) single-family home sales fell 9.3 percent m/m, the most since Aug. 2016, to 625k annualized pace (est. 675k) after 689k rate (revised from 733k). median sales price increased 2.6 percent y/y to $335,400.

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