New-home sales slump 7% in April after reaching the best level of the cycle – MarketWatch – Healthy Topics

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Pending home contracts become sales after a month or two. Contracts were up 0.7% from a year ago. The PHSI in the Northeast declined 0.2% to 94.0 in February, but is still 12.6% above a year ago.

The stock is classified as available-for-sale securities. On March 15, Kebo declares a dividend of $1.15 per share payable to stockholders of record on April 15. seacroft received the dividend on April 15 and ultimately sells half of the Kebo stock on November 17 of the current year for $29.30 per share less a brokerage fee of $250.

All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange.

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WASHINGTON (AP) – Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains. The Commerce Department said Monday that new homes sold last month at a seasonally adjusted annual rate of 689,000, up from 646,000 in April.

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Existing-home sales in the South decreased 5.7 percent to an annual rate of 2.15 million in August, and are now 0.9 percent lower than a year ago. The median price in the South was $220,400, up 5.4 percent from a year ago.

Holmes Builders began operations on January 1, 2013. It reported pretax accounting income in 2013, 2014, and 2015 of $115,000 in each year. The income reported for 2013 includes $41,500 from installment sales of property will be reported on the tax return when it’s collected, in 2014 ($10,300) and 2015 ($31,200).

Transactions last month were down 6.7 per cent compared with May on a national basis, the third consecutive monthly decline, with the Greater Toronto Area registering a 15.1 per cent drop. Home sales are down 14.1 per cent from the record level set in March.