Us New-home Sales Jump To Highest Level In More Than 8 Years

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  • Home Sales Climb to Highest Level Since Summer. Why the Worst of the Downturn Could Be Over.
    The worst of the downturn could be over, the trade group’s chief economist said.Existing-home sales in October rose by 3.4% from the month before to a seasonally adjusted annual rate of 3.96 million.
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  • New-home purchase mortgage applications jumped 8% in the past year
    “This is reflected in a huge jump in builder sales expectations over the next six months.” Conversely, mortgage delinquencies sank to 3.92% at the end of September. As the market moves into 2025, ...
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  • New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in
    The numbers: Sales of newly built homes in the U.S. surged to the highest level in 17 months as lower mortgage rates brought home buyers back into the market. Sales of newly built homes in the U.S ...
    10/24/2024 - 5:08 am | View Link
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