The numbers: U.S. new home sales rose 5.8% to a seasonally-adjusted rate of 640,000 in November, from a revised 605,000 in the prior month, the Commerce Department reported Friday. The Read more
Tag: newhome
China new-home prices drop by most in more than seven years
New-home prices in China suffered their steepest decline in more than seven years in September, even as the government rolled out more policies to boost the embattled property sector and Read more
U.S. housing starts rebound in August on new apartment construction
The numbers: Construction on new U.S. homes rose a seasonally adjusted 12.2% in August to 1.58 million, the Commerce Department said Tuesday. The rise in construction on homes reverses a Read more
U.S. new-home sales fell sharply in July to lowest level since January 2016
U.S. new-home sales fell sharply in July to lowest level since January 2016
China new-home prices fall by most in over six years
BEIJING–New-home prices in China in July fell by the most in over six years as home buyers lost confidence in the property market after a year-long slide in sales, stalled Read more