Latest New residential sales News

China, Japan stocks lower on Christmas

Dec. 25, 2019 1:03 AM EST

BEIJING (AP) — Japanese stock prices declined and Chinese markets were little-changed Wednesday while trading in most other Asian economies was closed for Christmas Day. Tokyo's Nikkei 225 lost 0.2% to 23,792.34 while the Shanghai Composite Index was up less than 1 off 2 points at 2,983.13. Malaysia's...

FILE - In this Dec. 11, 2019, file photo trader Gregory Rowe, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Dec. 23. (AP Photo/Richard Drew, File)

US stocks set more records after quiet pre-Christmas trading

Dec. 23, 2019 4:58 PM EST

Stocks closed modestly higher on Wall Street Monday, extending the major indexes’ milestone-shattering run. The S&P 500 index notched its third-consecutive all-time high. The Dow Jones Industrial Average and Nasdaq composite also set record highs. Technology, industrial and health care stocks led the...

FILE - In this June 13, 2019, photo a new home is under construction in Mechanicsville, Va. On Monday, Dec. 23, The Commerce Department reports on sales of new homes in November. (AP Photo/Steve Helber, File)

US new-home sales rose 1.3% in November.

Dec. 23, 2019 10:38 AM EST

WASHINGTON (AP) — U.S. sales of newly built homes increased 1.3% in November from the prior month, a sign that low mortgage rates are pushing up purchases as well as prices. The Commerce Department said Monday that new single-family houses sold at a seasonally adjusted annual rate of 719,000 last month....

This Week: New home sales, durable orders, holiday sales

Dec. 23, 2019 1:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: HOME SWEET HOME The Commerce Department issues its November tally of new U.S. home sales Monday. Sales dipped in October from the previous month, but remain well above year-ago levels. Low mortgage rates have helped drive sales...

FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. U.S. homebuilder stocks have been on a tear this year, with most individual companies on track to close out 2019 with gains well ahead of the broader market. (AP Photo/Rogelio V. Solis, File)

Housing market trends could extend builder stocks' big gains

Dec. 19, 2019 4:34 PM EST

LOS ANGELES (AP) — U.S. homebuilder stocks have been on a tear this year, with most individual companies on track to close out 2019 with gains well ahead of the broader market. A combination of lo w mortgage rates, a strong labor market, rising wages and the lowest unemployment rate in a half century have...

FILE - In this Aug. 16, 2019, file photo an under contract sign is posted outside a home Park Avenue in Richmond, Va. On Wednesday, Nov. 27, the National Association of Realtors releases its October report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Steve Helber, File)

Pending US home sales fell 1.7% in October amid short supply

Nov. 27, 2019 10:36 AM EST

WASHINGTON (AP) — Americans signed fewer contracts to purchase homes in October, as would-be buyers struggled to find available properties. The National Association of Realtors said Wednesday that its pending home sales index, which measures the number of purchase contracts signed, fell 1.7% last month....

FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Tuesday, Nov. 26, the Commerce Department reports on sales of new homes in October. (AP Photo/Steven Senne, File)

New home sales slipped 0.7% in October but remain solid

Nov. 26, 2019 10:22 AM EST

WASHINGTON (AP) — Sales of new homes dipped slightly in October compared with September but remain well above levels of a year ago, with lower mortgage rates helping spur a rebound in purchases. The annual rate of single-family new-home sales slipped 0.7% last month to a seasonally adjusted 733,000, the...

New home sales dipped 0.7% in October but remain well above levels of a year ago

Nov. 26, 2019 10:02 AM EST
WASHINGTON (AP) — New home sales dipped 0.7% in October but remain well above levels of a year ago.