Sales of new homes in the US jumped in May, but…

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[Selling a home. the United States – plus no doubt the prospect of large payoffs and settlements – has apparently attracted the new actions. Sources tell me that it’s not unusual in wide-ranging.

But there are still eager buyers in the market, and many of them are looking for newly built homes. In fact, new home construction is projected to increase by 8% in 2019. That’s the good news. Here’s the bad news: There just aren’t enough new homes to go around in some areas. Plus, construction companies also don’t have the manpower to keep up with demand.

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Activity in America’s residential real estate market continued to hum along at a solid pace last month, the latest official revealed, amid sharp price increases. New single-family home sales in.

decelerate whorls: intensified hinges RE Market Update December 2017 Mortgage Masters Group

US Existing Home Sales is at a current level of 5.38M, down from 5.41M last month and down from 5.50M one year ago. This is a change of -0.55% from last month and -2.18% from one year ago. US Existing Home Sales Chart. US Existing home sales historical Data..

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So far this year, 100 condos and townhomes have sold in Freehold Township, where the median sales price is $235,000. See what.

WASHINGTON – Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains. The Commerce Department said Monday that new homes sold last.

Americans bought new homes in October at the fastest pace in a decade – a 6.2 percent monthly increase that reflects both the underlying strength of the economy and the worsening shortage of existing homes for sale. The Commerce Department said Monday that new-home sales last month rose to a seasonally adjusted annual rate of 685,000.

New Home Sales Jump in May By Robert Dietz on June 24, 2014 (). New single-family home sales reached the highest pace in six years in May. According to estimates from the Census Bureau and the Department of Housing and Urban Development, new home sales were at a seasonally adjusted annual rate of 504,000 in May, a gain of 18.6% over a slightly downwardly revised April (425,000).