New-home sales unexpectedly jump to highest level since 2007

(Bloomberg) — U.S. purchases of new homes unexpectedly surged in September to the highest level in a decade as activity accelerated in the South after hurricanes Harvey and Irma, according to gove.

WASHINGTON (AP) – Sales of new U.S. homes jumped last month to the highest level since October 2007, a sign that Americans – unable to find existing homes – are turning to new construction.

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Vero Beach new home sales jumped in January from the previous month to the highest level since July 2007, a sign that the housing recovery.

New home sales rose 12.4 percent to a seasonally adjusted rate of 654,000 units last month, the highest level since October 2007, according to new data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Find out more details on new home sales from July 2016 in this recent NAHB article.

 · New Home Sales Climb to Highest Level Since october 2007. homes national Association of Home Builders by CE Staff | on September 20, 2016. Regionally, new home sales rose by 40 percent in the Northeast, 18.1 percent in the South, and 1.2 percent in the Midwest. Sales remained unchanged in the West.

WASHINGTON-Sales of previously owned homes rose unexpectedly in August to the highest level since 2007 as buyers rushed to lock in deals before mortgage rates increased further. But the industry’s trade group warned that home sales could slow in the coming months due to higher borrowing costs and prices.

New home sales unexpectedly jumped in March, according to the Department of Commerce. Sales of new single-family houses rose 5.8% at a seasonally adjusted annual rate of 621,000, the highest since last August. Economists had forecast that new home sales fell by 1.4% at a seasonally adjusted annual rate of 584,000, according to Bloomberg.

United States New Home Sales – TRADING ECONOMICS – News US New Home Sales Jump to Near 1-1/2-Year High Sales of new single-family houses in the United States rose 4.5 percent from the previous month to a seasonally adjusted annual rate of 692 thousand in March 2019, the highest level since November 2017, while markets had forecast a 2.5 percent fall to 650 thousand.

“April’s non-seasonally adjusted volume of new home contracts was estimated to be 61,000, which was the highest April volume since 2007. However. While the large jump in new home sales is.

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