New-home sales slump 7% in April after reaching the best level of the cycle – MarketWatch – UKA News

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years.

A sales slump by description is a situation where you have selling skills, but as of late, those skills seem to have mysteriously abandoned you, and nothing that has worked in the past is working now. For the full year, 2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500.

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Slump in June new home sales. A total of 4,798 new private homes, including executive condominiums, have been sold during the first six months of the year, according to data from URA. The first six months of last year saw a total of 11,868 units transacted according to the same data source.

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%.

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After posting the largest monthly increase in over six years in March, Australian new home sales fell heavily in April. According to data released by Australia’s Housing Industry Association.

After three years of slowing annual average house price growth, we believe that 2018 could see a slightly stronger growth rate, but would caution against expecting too much. From an average house price growth rate of 3.7% last year, we project the 2018 average to shift a little higher to nearer to 5%.

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The Pending Home Sales Index, a gauge to assess contracts to buy previously-owned homes in the U.S., rose 3.5% to 109.1 in February, topping expectations.

'Property is a risky thing': Stagnant property prices the new normal News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Best of the Web Newsletter;. Pending Home Sales Tumble 7.7% By.

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