13.4% plummet sales of new homes in U.S.

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New U.S. home sales drop to 394,000 rate in July. published: aug 23, 2013 10:00 a.m. ET WASHINGTON (MarketWatch) — Sales of new U.S. homes dropped 13.4% to a seasonally adjusted annual rate of 394,000 in July, the lowest rate since October, as all four regions posted declines, according to government data released Friday.

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Shares of Gartner (NYSE: IT) fell 13.4% in July, according to data from S&P Global Market Intelligence. The research data company’s stock sank after its second-quarter results arrived with.

New home sales plummet. HomeNews. by Ryan Smith 26 Aug 2013.. The Commerce Department said Friday that sales of new homes dropped 13.4% in July, to an annual rate of 394,000 units, well below.

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Sales of newly built homes declined 13.4 percent to a 394,000 annualized pace, the weakest since October, following a 455,000 rate in the prior period that was lower than previously estimated.

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The Commerce Department said Friday that U.S. sales of newly built homes dropped 13.4 per cent to a seasonally adjusted annual rate of 394,000. That’s the lowest pace in nine months. That’s the.

A "For Sale" sign is posted in front of a house in Los Angeles, Calif. U.S. home price growth picked up steam in June. with annual price gains ranging from 13.4% in Seattle to 7.7% in Dallas.

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In Los Angeles County, where home prices are at an all-time high, buying a home is now less affordable than it has been since the collapse of the housing bubble in 2008. Data gathered in a new report.

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that sales of new homes in September decreased to a seasonally adjusted annual rate of 553,000.

Regionally, new-home sales were down across the board. Sales fell 61.8 percent in the Northeast, 8.3 percent in the Midwest, 8.7 percent in the South and 6.7 percent in the West. The inventory of new homes for sale was 225,000 units in September. This is a 5.8-month supply at the current sales pace.