Homebuilders’ outlook posts unexpected drop for first time this year | Plow

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Existing home sales unexpectedly rise in November – CNBC.com – U.S. home sales unexpectedly rose in November, but recorded their biggest. Economists polled by Reuters had forecast existing home sales falling. to outpace wage growth, sidelining some first-time homebuyers.. among single- family homebuilders dropped to more than a 2-year low in December.

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Homebuilders' outlook posts unexpected drop for first time this year – The National Association of Home builders/wells fargo housing market index fell two points to 64 for the first drop in 2019, according to.

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Home prices fall in Southern California for the first time in 7 years. – The number of homes for sale is rising and sales dropped sharply in March.. slightly in March from a year earlier, the first annual decrease since 2012 and. Absent an unexpected economic downturn or surge in mortgage rates, across the state – in part a function of home builders pulling in their horns.

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State & National Updates – Homebuilders Association of Greater. – First-Time Home Buyers Deflated but not Deterred. But the drop matched pending sales of existing homes, which dropped 4.7 in January.. prices as investors reassessed their outlook for market risk and interest rates. Study finds eight senior positions in home building typically filled by someone with trade experience.