New-home sales dropped in July after solid first-half run

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We have had our doubts about the company being a one trick pony, in fear they would go the way of Gilead Sciences (GILD) did for a number of years, but after. sales grew 10% in the most recent.

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Sales of new single-family houses fell in July for the first time in three months, plunging 9.4% from June and falling 8.9% below the July 2016. New home sales down sharply in July

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US New Home Sales Unexpectedly Fall. The median sales price of new houses sold was USD 328,700 above USD 322,900 in the same month of the previous year. The average sales price jumped to USD 394,300 in July from USD 372,400 a year earlier.

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CNBC’s Rick Santelli and Diana Olick report the latest read on new home sales.. 25 july 2018 CNBC’s Rick Santelli and Diana Olick report the latest read on new home sales.

Purchases of newly built single-family homes fell 9.4%. U.S. new-home sales fell sharply in July, providing fresh evidence that a shortage of housing inventory is depleting activity across all segments of the market. Purchases of newly built single-family homes, a narrow slice of all U.S. home sales, decreased 9.4% to a seasonally adjusted annual.

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The supply of homes at the current sales rate rose to 5.8 months from 5.2 months; 276,000 new houses were on the market at end of July. Purchases fell in three of four U.S. regions, including a 23.8% decrease in the Northeast and a 21.3% drop in the West.

U.K. house price growth stays subdued as Brexit woes persist LONDON (Reuters) – British house price growth cooled in the first three months of 2019 in annual terms and the outlook is likely to remain subdued, given. U.K. House Price Growth Stays Subdued as Brexit Woes Persist U.K. house-price growth stayed subdued in April in a sign the delay to Brexit.

A larger-than-forecast decline in new-home purchases in April from the strongest pace in almost a decade indicates a pause in demand in the midst of the busy spring selling season, government data showed Tuesday. Single-family home sales decreased 11.4% to a 569,000 annualized pace (the median forecast called for a 610,000 rate).