Pace of new-home sales suggests steady housing strength

WASHINGTON – A surprisingly strong pace of new home sales last month has. solid enough to lift the overall economy. Sales of new homes rebounded in January to the fastest rate in more than five.

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A new report from real estate marketplace Zillow shows housing inventory grew. Home prices are growing much faster than wages, one economist says. Pace of new home sales picks up in March. home price is rising, showing a steady increase that began earlier this year. Home prices continue to show strength.

New Home Price Growth Fastest in Coastal Areas Focusing on new home sales, Sam Khater, deputy chief economist at CoreLogic, said that sales volume is weak, but pockets of strength exist. "New home price growth is fastest in the coastal states and eight of the top 10 healthiest new sale markets are in the Carolinas and Texas," said Khater.

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U.S. Housing Starts Fall More Than Expected While Permits Steady – Groundbreaking on new U.S. homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade, government figures showed.

May New Home Sales: Slowly But Steadily, New Home Sales Climb Higher New home sales rose to an annual rate of 689,000 units in May from April’s revised sales rate of 646,000 units. Months supply of inventory stands at 5.2 months; the median new home sale price fell by 3.3 percent on a year-over-year basis.

Starwood’s Sternlicht says real estate health tied to tech Barry Sternlicht, the real estate bargain hunter. Barry Sternlicht has been one of the downturn’s busiest buyers. In the last year and a half, his private equity firm, Starwood Capital, has raised.Homebuilder sentiment declines to an eight-month low homebuilder sentiment remains Near Highest Level Since 1999. Confidence among U.S. homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to.

That suggests builders are unlikely to sharply speed up construction beyond current plans. Both housing starts and permits are running below last year’s pace. the bulk of the strength, in line with.

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Housing Bubble 2.0 - Foreclosures Filings Up - New Home Sales Slump - West Coast Inventory Bump Pace of U.S. New-home sales suggests steady housing strength. – Pace of U.S. New-Home Sales Suggests Steady Housing Strength – The U.S. housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast. Highlights of New.

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