Articles Recently Tagged: Inventory

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New Condo Sales and Pricing Dip in San Francisco

New Condo Sales and Pricing Dip in San Francisco

While the sales figures for new condos in San Francisco at the beginning of this year received a boost from the official opening of the sales office for the 42-unit development at 1188 Valencia Street (a.k.a. 1198 Valencia) at the end of last year, with only six unit left... Read More »

Pace of New Home Sales in the U.S. Inches Up, Drops in the West

Pace of New Home Sales in the U.S. Inches Up, Drops in the West

Having dropped a downwardly revised 4.7 percent in January, the seasonally adjusted pace of new single-family home sales in the U.S. inched up 0.6 percent in February to annual pace of 618,000 sales, which is 0.5 percent higher on a year-over-year basis but remains 4.3 percent below average for... Read More »

Pace of New Home Sales in the U.S. Slips despite More Inventory

Pace of New Home Sales in the U.S. Slips despite More Inventory

The seasonally adjusted pace of new single-family home sales in the U.S. dropped 7.8 percent last month, from an annual pace of 643,000 sales in December to 593,000 in January, and is now running 1.0 percent lower versus the same time last year and 8.6 percent below its long-term... Read More »

New Condo Sales and Pricing Tick Up in SF as Inventory Drops

New Condo Sales and Pricing Tick Up in SF as Inventory Drops

Boosted by the official opening of the sales office for the new Mission District development at 1188 Valencia Street (a.k.a. 1198 Valencia), the number of purchase contracts signed for new construction condos in San Francisco totaled 80 in January versus 18 in January of 2017, according to sales office data... Read More »

Pricing Index for New Condos in San Francisco Ticks Up, Sales Slip

Pricing Index for New Condos in San Francisco Ticks Up, Sales Slip

The number of purchase contracts signed for new construction condos in San Francisco slipped at the end of 2017 – from 61 in November to 37 in December – and were down 33 percent on a year-over-year basis, according to sales office data collected by The Mark Company. At... Read More »

Sales and Pricing Index for New Condos in SF Tick Up

Sales and Pricing Index for New Condos in SF Tick Up

With sales offices for two new developments in San Francisco having opened their doors in October, the number of purchase contracts signed for new construction condos in the city ticked up from 55 in October to 61 in November, nearly doubling the number of contracts signed in November 2016... Read More »

New U.S. Home Sales Above Average, Inventory at an 8-Year High

New U.S. Home Sales Above Average, Inventory at an 8-Year High

Having jumped a downwardly revised 13.2 percent in September, the seasonally adjusted rate of new single-family home sales in the U.S. increased 6.2 percent in October to an annual rate of 685,000 sales which is 18.7 percent above the pace at the same time last year. The October pace... Read More »

Pricing Index for New Condos in SF Slips, Sales Down 50 Percent

Pricing Index for New Condos in SF Slips, Sales Down 50 Percent

With sales offices for two new developments in San Francisco having opened their doors last month, the number of purchase contracts signed for new construction condos in the city increased from 39 in September to 55 October, versus having tripled, on average, from September to October over the previous... Read More »

Pace of Existing U.S. Home Sales and Median Price Tick Up

Having inched up a downwardly revised 0.4 percent in September, the pace of existing-home sales in the U.S. ticked up 2.0 percent in October to a seasonally adjusted annual rate of 5.48 million transactions but remains 0.9 percent lower versus the same time last year. And having slipped 3.3... Read More »

New Home Sales in the U.S. Jump with Inventory at an 8-Year High

New Home Sales in the U.S. Jump with Inventory at an 8-Year High

Having dropped 9.4 percent over the previous two months, the seasonally adjusted rate of new single-family home sales in the U.S. jumped 18.9 percent in September to an annual rate of 667,000 sales which is 17.0 percent above the pace at the same time last year versus 1.2 percent... Read More »