{"id":114561,"date":"2020-02-26T22:25:23","date_gmt":"2020-02-26T15:25:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-new-home-sales-surge-to-12-5-year-high-in-january\/"},"modified":"2020-02-26T23:03:24","modified_gmt":"2020-02-26T16:03:24","slug":"us-new-home-sales-surge-to-12-5-year-high-in-january","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-new-home-sales-surge-to-12-5-year-high-in-january\/","title":{"rendered":"US new home sales surge to 12.5-year high in January"},"content":{"rendered":"


\nThe Commerce Department said on Wednesday new home sales jumped 7.9% to a seasonally adjusted annual rate of 764,000 units last month, the highest level since July 2007. Housing market strength could help keep the economic expansion, now in its 11th year, on track. The sector, which accounts for about 3.1% of GDP, is being supported by cheaper mortgage rates after the Federal Reserve cut interest rates three times last year. CNBC’s Diana Olick reports.
\n
\nSource : cnbc.com
\nRead more…US new home sales surge to 12.5-year high in January<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Commerce Department said on Wednesday new home sales jumped 7.9% to a seasonally adjusted...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-114561","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tNL","jetpack-related-posts":[{"id":149308,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pending-home-sales-drop-sharply-in-december-as-mortgage-rates-surge-back-over-7\/","url_meta":{"origin":114561,"position":0},"title":"Pending home sales drop sharply in December, as mortgage rates surge back over 7%","date":"January 30, 2025","format":false,"excerpt":"\r Pending home sales in the U.S. fell in December as mortgage rates climbed again.\r \r Source : cnbc.com\r Read more...Pending home sales drop sharply in December, as mortgage rates surge back over 7%","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-weekend-home-sales-dwindle-to-record-lows-as-choice-paralysis-amid-supply-surge-drives-buyers-to-shop-around\/","url_meta":{"origin":114561,"position":1},"title":"Singapore\u2019s weekend home sales dwindle to record lows as \u2018choice paralysis\u2019 amid supply surge drives buyers to \u2018shop around\u2019","date":"August 21, 2023","format":false,"excerpt":"\r The April hike in additional buyer\u2019s stamp duty (ABSD) for all, combined with elevated interest rates, has made buyers more cautious.\r \r Source : South China Morning Post\r Read more...Singapore\u2019s weekend home sales dwindle to record lows as \u2018choice paralysis\u2019 amid supply surge drives buyers to \u2018shop around\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-sales-surge-to-2-year-high-boosting-overall-transactions\/","url_meta":{"origin":114561,"position":2},"title":"Hong Kong home sales surge to 2-year high, boosting overall transactions","date":"May 5, 2026","format":false,"excerpt":"\r Hong Kong property transactions surged to a four-month high in April, while the value and volume of home sales hit their highest level in 24 months, according to the latest official data, underscoring the resilience of the city\u2019s real estate sector amid uncertainties over interest rates and the US-Israel\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107377,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinances-surge-8-as-rates-fall-to-the-lowest-level-since-january-2018\/","url_meta":{"origin":114561,"position":3},"title":"Mortgage refinances surge 8%, as rates fall to the lowest level since January 2018","date":"May 22, 2019","format":false,"excerpt":"\r Homeowners are taking advantage of lower interest rates, rushing to refinance their mortgages before rates potentially turn higher again.\r \r Source : cnbc.com\r Read more...Mortgage refinances surge 8%, as rates fall to the lowest level since January 2018","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148266,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-rental-yields-hit-12-5-year-high-on-talent-scheme-influx-lower-rates\/","url_meta":{"origin":114561,"position":4},"title":"Hong Kong rental yields hit 12.5-year high on talent-scheme influx, lower rates","date":"November 25, 2024","format":false,"excerpt":"\r Analysts expect momentum to improve further in 2025 as more professionals enter the city and people keep putting off home purchases.\r \r Source : South China Morning Post\r Read more...Hong Kong rental yields hit 12.5-year high on talent-scheme influx, lower rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-construction-equipment-sales-surge-signalling-recovery\/","url_meta":{"origin":114561,"position":5},"title":"China\u2019s construction equipment sales surge, signalling recovery","date":"July 10, 2025","format":false,"excerpt":"\r China\u2019s key construction machinery sales jumped in the first half, indicating improving demand across the economically crucial sector. 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