3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. interest rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.
A forecasting gauge of housing-market activity fell more than twice as much as was expected in January as some buyers held off on home purchases.
April’s figures nearly matched the MarketWatch consensus forecast for a 670,000 pace of sales. What happened. Meanwhile, the pace of new-home construction is still tepid. In the year to date,
After three years of slowing annual average house price growth, FNB believes that 2018 could see a slightly stronger growth rate but they would caution against expecting too much. From an average house price growth rate of 3.7% last year, FNB projected the 2018 average to shift a little higher to near 5%.
Existing-home sales in the west increased 6.7 percent to an annual rate of 1.27 million in September, and are 9.5 percent above a year ago. The median price in the West was $318,100, which is 8.
25 Part-Time Business Ideas You Only Need A Few Hours to Start Your Own Part-Time Business. Even if your full-time job leaves you little time during the week, a few hours on Saturday and Sunday might be all you need to start a nifty, profitable business. You won’t have to risk your life savings or quit your day job.Construction starts at 1bn beam park scheme in east London – Caritas One Housing is latest G15 Housing Association to sign with rates-recovery service Caritas; Construction starts at 1bn Beam Park scheme in east London; Town and Country housing joins peabody group, boosting its housing output; catalyst housing Ltd to partner TfL for 100 per cent affordable homes scheme in Harrow
After July’s housing sales data horrors, yesterday’s permits rebound prompted some hope (despite last week’s 9.7% collapse in mortgage applications) but August’s existing home sales just crushed that dream, dropping to one-year lows. Following a 1.3% MoM decline in July, August saw existing home sales tumble 1.7% MoM (against expectations of a 0.2% rebound) and up just 0.2% YoY.
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UPDATE: New-home sales slump 7% in April after reaching the best level of the cycle MarketWatch – 5/23/2019 update: housing starts climb almost 6% in April, but construction still lags last year’s pace
U.S. New-Home Sales Up 5.7% in August. WASHINGTON-Sales of newly built homes reached the highest level since early 2008 in August, evidence that demand for housing is strengthening heading into the fall. Sales of new, single-family homes rose by 5.7% to a seasonally adjusted annual rate of 552,000, the Commerce Department said Thursday. The.
Sales were 7% higher than a year ago in April. The median sales price in April, $342,200, was 8% higher than a year ago. At the current pace of sales, it would take 5.9 months to exhaust available supply, about matching the 6 months that’s traditionally been considered the marker of an evenly balanced market.