October New Home Sales Down on Higher Rates

by amyc

New home sales dropped 17.3% in October to 610,000, with a 9.4% annual decline. Median price was $437,300, and 481,000 homes were for sale.

Categories

Recent Posts

Mortgage Rates End Day Higher Despite Promising Start
Mortgage Rates End Day Higher Despite Promising Start
Helping buyers look beyond the 55-plus label
Helping buyers look beyond the 55-plus label
Homeowners report greater financial satisfaction
Homeowners report greater financial satisfaction
Appeals Court Upholds Dismissal of NAR Suit
Appeals Court Upholds Dismissal of NAR Suit
Mortgage Rates Rise to 7.58%
Mortgage Rates Rise to 7.58%
RE Q&A: Can Landlord Keep a Security Deposit for ‘Repainting and Cleaning’?
RE Q&A: Can Landlord Keep a Security Deposit for ‘Repainting and Cleaning’?
Navigating Florida’s New Septic System Requirements
Navigating Florida’s New Septic System Requirements
Present Subsequent Offers After Buyer & Seller Under Contract?
Present Subsequent Offers After Buyer & Seller Under Contract?
Escrow dispute? Legal fees can reduce the deposit
Escrow dispute? Legal fees can reduce the deposit
Florida consumer sentiment edges up slightly in September
Florida consumer sentiment edges up slightly in September

Share on Social Media

GET MORE INFORMATION

Beverly Amerman
Beverly Amerman

Broker Associate License ID: BK3235075

+1(609) 381-2153

1140 S International Pkwy, Lake Mary, FL 32746, USA

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Beverly Amerman, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.