Sales of new homes in the US jumped in May, but…

At the same time, new single-family home sales broke the 1,000-unit threshold for the first time in two years.” There was a seventh month of year-over-year increases for new single-family homes, including detached, linked, and semi-detached houses and townhouses, with 1,004 sales, up 211% from last May but still 32% below the ten-year average.

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Sales of new homes in the US jumped in May, but.. The National Association of Realtors found that sales for existing single-family homes, townhomes, condominiums and co-ops fell 0.4 percent in May to a seasonally adjusted annual rate of 5.43 million. The association attributed the decline to rising mortgage rates and prices.

The average sales price of a new home jumped 13.6 percent over the past 12 months to $400,200. These price increases are a sign that builders are able to charge more money because of the dearth of.

3 days ago. Home sales in San Diego County jumped 14.7 percent in. that could affect the market in coming months is a declining number of homes for sale.. So, September's numbers may be more a reflection of things returning to normal. September had the biggest year-over-year sales increase, but it was not the.

The solid job market has helped to boost demand for new homes. Housing starts have risen 11 percent so far this year, with gains for both single-family houses and apartment buildings. Permits to build tumbled 4.6 percent in May, but permits are running 8.9 percent higher year-to-date.

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A 1,400-square-foot home at 109 Seaspray Road sold in May for. state of New Jersey. If you have a question or find a.

 · U.S. home sales jumped 2.5% in May, as lower mortgage rates appeared to help buyers overcome affordability challenges. The National Association of Realtors said Friday that existing homes.

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U.S. new home sales race to more than 10-year high in november 2 min read FILE PHOTO: A real estate sign advertising a new home for sale is pictured in Vienna, Virginia, U.S. October 20, 2014.

Sales of new single-family houses rose sharply in May, an encouraging sign for the housing market as it continues to be plagued by a lower-than-normal inventory of available homes. In its monthly.