New Home Sales Rise In September, Prices Fall

New home sales rise in September, prices fall

WASHINGTON (Reuters) - New single-family home sales rose at their fastest pace in five months in September, a government report showed on Wednesday, but sustained price declines indicated the housing market is far from recovery.

Senh: Good news, bad news - all in one headline. It continues the up-and-down trends of the housing market.

Sections:  news   business   
  • September home sales up sharply in Albany region
    Single-family home sales shot up 27% in September in the Albany region and prices ... The median price, a better gauge of the overall market, was up 14% to $244,000. "Prices are likely to continue to ...
    10/23/2020 - 10:21 am | View Link
  • Existing home sales rise to 14-year high, exceed forecast
    Sales of previously owned U.S. homes rose more than expected in September to the highest level in 14 years as a desire for more space and record-low mortgage rates continue to support demand. Contract ...
    10/23/2020 - 4:48 am | View Link
  • UK retail sales rise for fifth straight month as shoppers focus on DIY
    UK retail sales increased for the fifth consecutive month in September on the back of a rise in spending on DIY and household goods, according to official figures. The Office for National Statistics ...
    10/22/2020 - 10:38 pm | View Link
  • U.S. Home Sales Rise to New 14-Year High, Offering a Boost to Economy
    Home sales rose to a new 14-year high in September, bolstered by robust demand ... for bigger houses with more outdoor space. “Home prices are simply rising too fast due to insufficient supply ...
    10/22/2020 - 12:36 pm | View Link
  • September home sales soar in South Florida
    Residential sales experienced a surge in September throughout South Florida, according to the Miami Association of Realtors.
    10/22/2020 - 11:00 am | View Link
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