Sales of new single-family homes fell slightly September to October, the U.S. Commerce Department said Wednesday. Sales dropped to a seasonally adjusted annual rate of 368,000 from a revised September rate of 369,000. Sales also rose 17.2 percent more than the annual rate of 314,000 from October 2011. The Commerce Department said the average sale price for a new home sold in October was $278,900, down from $292,400 in September. The seasonally adjusted estimate of how many new homes were on the market at the end of the month was 147,000, which is 2,000 more than September and represents a 4.8-month supply at the current rate of sales.
GMT 08:39 2017 Saturday ,23 December
Afghan raisin houses get a facelift to boost productivityGMT 15:34 2017 Friday ,22 December
Hot US new homes market sees biggest jump in 25 yearsGMT 17:34 2017 Tuesday ,19 December
German real estate giant to swallow rival in $6bn dealGMT 11:36 2017 Wednesday ,06 December
Sahalah FM Brings 360 Building Services to The KingdomGMT 18:09 2017 Tuesday ,28 November
US new home sales rise to 10-year highGMT 14:50 2017 Monday ,30 October
London house-buyers get lift from BrexitGMT 10:38 2017 Friday ,27 October
Chinese construction firm CCCC buys Canada's Aecon for Can$1.51 bnGMT 14:05 2017 Thursday ,19 October
US home construction hits one-year low in SeptemberMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor