New-Home Sales Are Recovering From Their 2018 Slump

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by Wolf Richter Feb 28, 2018. The new tax law also removes some or all of the tax benefits of homeownership for first-time buyers, as the near-doubling of the standard deduction puts renting and owning on the same tax level in most markets, and there’s one less reason to buy. January was the first month when higher mortgage rates,

US Census Bureau New Residential Sales website New Residential Sales This Javascript allows the page in IE to resize to the minimum width of 853 pixels and no less.

New home sales slump in February.. Harley Dale said the first stages of the downward cycle in new home building was likely to be moderate, with the pace of deterioration picking up.

Not sure . . . these tariffs are the basis of a future problem, not yet realized by the general public, that these tariffs will raise the prices roughly 20%, for items made of steel and aluminum [beer and soda], and autos, and a whole host of othe.

Australian new home sales just fell heavily across the country. Again. According to Australia’s housing industry association (hia), housing sales slumped 4.4% in May in seasonally adjusted terms.

New Home Sales Up Sharply; Prices Slump. They are up 15.2 percent YTD. There was a decline of 8.7 percent in sales in the West compared to the previous month, but the region managed to maintain an 0.6 percent edge on the May 2017 estimate. Year-to-date sales are 11.2 percent higher than the same period in 2017.

While recent housing data has been mixed, it is in part due to the lingering effects of last year’s slowdown, including continued slow growth in new home building. tempering the pace of the recovery .

While the report doesn’t signal a dramatic collapse in housing, the recovery may have. The latest report on new home sales from the Census Bureau and Department of Housing and Urban Development.

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Sales people who have a poor start at the beginning of a year, often find themselves struggling for the rest of the year to catch up. The good news is, whatever you’re experiencing, we’ve all been there at least once. The bad news is, most of us don’t know exactly how to snap out of a slump, and.