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Articles Recently Tagged: New Home Sales

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New Home Inventory Hits a 13-Year High, Sales Down YOY

New Home Inventory Hits a 13-Year High, Sales Down YOY

Having jumped a downwardly revised 7.1 percent in September, the seasonally adjusted pace of new single-family home sales in the U.S. inched up 0.4 percent last month to an annualized rate of 745,000 homes but was down 23.1 percent on a year-over-year basis and 25 percent lower than at... Read More »

Mortgage Loan Application Volumes Slip, Down Year-Over-Year

Mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked up 1.8 percent on a seasonally adjusted basis over the past week but slipped 0.1 percent in the absolute, with a 0.4 percent decrease in applications to purchase a home, according to the Mortgage... Read More »

Pace of Existing Home Sales in the U.S Inches Up, But…

Pace of Existing Home Sales in the U.S Inches Up, But…

Having ascended 7.0 percent in September, the seasonally adjusted pace of existing-home sales across the U.S. inched up 0.8 percent in October to an annual rate of 6.34 million sales. But sales were down 5.8 percent on a year-over-year basis, representing the third straight month of year-over-year declines, the... Read More »

Mortgage Loan Application Volumes Tick Down

Mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked down 2.8 percent on a seasonally adjusted basis over the past week and were down 4 percent in the absolute, with a 5 percent drop in refinancing activity and a 2 percent drop in... Read More »

Purchase Activity for New Homes in the U.S. Down 15.2 Percent

While mortgage application activity for new home purchases in the U.S. ticked up 6 percent in October, application volumes were down 15.2 percent on a year-over-year basis according to the Mortgage Bankers Association and despite the fact that inventory levels were up 32.2 percent, year-over-year, and holding at a... Read More »

Pace of New Home Sales in the U.S. Jumps, Still Down YOY

Pace of New Home Sales in the U.S. Jumps, Still Down YOY

The seasonally adjusted pace of new single-family home sales in the U.S. jumped 14 percent in September to an annualized rate of 800,000 homes but was down 17.6 percent on a year-over-year basis and still 19 percent lower than at the start of this year with mortgage application volumes... Read More »

Pace of Existing Home Sales in the U.S. Ascends, But…

Pace of Existing Home Sales in the U.S. Ascends, But…

Having dropped 2.0 percent in August, the seasonally adjusted pace of existing-home sales across the U.S. rose 7.0 percent in September to an annual rate of 6.29 million sales. That being said, sales were down on a year-over-year basis for the second month in a row, dropping 2.3 percent... Read More »

Mortgage Loan Application Volumes Drop

Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 6.3 percent on a seasonally adjusted basis over the past week and were down 6 percent in the absolute, including a 7 percent drop in refinancing activity and a 5 percent drop in applications... Read More »

Purchase Mortgage Activity for New Homes in the U.S. Drops

While inventory levels hit a 13-year high in August, and were up over 30 percent on a year-over-year basis, mortgage application volumes to purchase new homes in the U.S. dropped 4 percent in September and were down over 16 percent on a year-over-year basis, according to the Mortgage Bankers... Read More »

Mortgage Loan Application Volumes Drop

Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 6.9 percent on a seasonally adjusted basis over the past week and were down 7 percent in the absolute, according to the Mortgage Bankers Association. While the overall drop was driven by a 10... Read More »