tag:blogger.com,1999:blog-2175221250397068442.post447769045057804766..comments2023-09-20T14:49:49.816+02:00Comments on fasesdelabolsa: Sales of new homes rise 5.7% in September Billiehttp://www.blogger.com/profile/10170799879562687416noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2175221250397068442.post-43634434082121638842012-10-24T16:32:17.242+02:002012-10-24T16:32:17.242+02:00WASHINGTON (MarketWatch)
Sales of new single-fam...WASHINGTON (MarketWatch) <br /><br />Sales of new single-family homes in the U.S. rose in September to the highest rate in a year-and-a-half, according to government data released Wednesday that confirms the improving picture in the housing market. <br /><br />ECONOMY AND POLITICS <br />New-home sales up <br />Sales of new single-family homes rises 5.7% in September, the best pace since April 2010. <br /><br />Sales of new single-family homes in the U.S. rose 5.7% in September to a seasonally adjusted annual rate of 389,000, the highest pace since April 2010, when the first-time homebuyer tax credit was initially due to expire, the Commerce Department said. <br /><br />The sales pace in August was revised down to 368,000 from a prior estimate of 373,000. <br /><br />Economists surveyed by MarketWatch had expected new-home sales in September to rise to an annual rate of 387,000, given recent gains in other housing-market data, such as confidence among home builders, as well as housing starts and permits. See economic calendar. <br /><br />Despite the gain in September, the pace of new home sales remains relatively low compared with a peak of almost 1.4 million in 2005 But it’s improved 38.9% from a series low of 280,000 in May 2010 as mortgage rates have hit record lows, foreclosures have dropped, and the jobs picture has slowly improved. <br /><br />By region, sales in September fell only in the Midwest<br />BSP.nethttps://www.blogger.com/profile/18024105303959193568noreply@blogger.com