New-Home Sales Are Recovering From Their 2018 Slump

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I analyze key indicators for the stock market and the economy to determine the outlook for 2018. 2018. Consumers are likely to make additional purchases of big-ticket items such as appliances,

Home purchases have plunged this year and prices in 100 cities tracked by SouFun Holdings Ltd. have extended their declines. The easing of credit has yet to buoy the market. New-home sales dropped.

A much bigger than expected slump in new home sales in July has prompted. said further sharp declines in new home construction and sales would be likely in 2017 and 2018. "New home construction has.

Purchases of new houses rose in April for a second month as the market struggled to recover. role, new-home sales have shrunk as a share of total sales. They accounted for just under 6 percent of.

Sales were led by sharply higher demand for home appliances, furniture and building materials, pointing to strength in China’s residential property market. New home prices grew. if profits are slow.

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With property sales dropping below 100,000 in May, which looks at the reasons the market is slowing, and offers advice on pricing your home when you sell.. House sales slump: is your property overpriced?. Meanwhile, although most estate agents offer expert knowledge of their area, they.

by Wolf Richter Feb 28, 2018. The new tax law also removes some or all of the tax benefits of homeownership for first-time buyers, as the near-doubling of the standard deduction puts renting and owning on the same tax level in most markets, and there’s one less reason to buy. January was the first month when higher mortgage rates,

Pending Home Sales Slump As NAR Warns "Activity Has Essentially Stalled". He now forecasts 2018 existing-home sales of 5.49 million, which would mark a 0.4 percent drop from 2017. Previously he had projected 5.54 million, a 0.5 percent increase. As a reminder, economists consider pending sales a leading indicator because they track contract.

Quick Notes – Break Your Sales Slump: Recover from a slump: Have a plan, take a break, follow the 10% rule, seek feedback and review. Turn your sales slump into a learning experience and fuel for your passion for recovering.