Boyce reportedly said that the interview was never entered as evidence and he cannot consider any of the information therein because it is not evidence. East Idaho News reports that Boyce denied the motion for a new trial altogether. Judge Boyce made a ruling on the motion after a twenty minute break. Prior to the state resting its case, the indictment was changed to say at least 2 others, meaning Chad and Alex, leaving room for others. Daybell was charged with conspiracy to commit murder, and the original indictment said that Lori, Chad, Alex, and at least 2 others conspired to commit these crimes. The final prong of the defense's arguments rested on changing the definition of conspiracy in the indictment from 5 coconspirators to at least 2. The defense argues that this was not an appropriate alteration to the indictment and it came just before the state rested their case, meaning for nearly 7 weeks the jury and the defendant were told one thing, then at the end told another. The next argument reported by East Idaho News is that the defense claims an alteration to the indictment, changing "and" to "and/or" was improper and confusing to both the juror and to Daybell herself. The juror made reference to finding the instructions potentially confusing, however the state points out that later in the interview he clarified that he was not confused by the instructions and understood what he was there to do. The new-homes data are volatile the report showed 90% confidence that the change in sales ranged from a 7.7% decline to a 15.9% increase.The first argument made by the defense is that the jury was "impermissibly mislead" in the jury instructions prior to their deliberations, citing an interview between Nate Eaton at East Idaho News and Juror #8 shortly after the trial ended. Those sales fell to a three-month low in April, separate data showed last week. Sales of new homes are considered a timelier barometer than purchases of previously owned homes, which are calculated when contracts close. New-home purchases typically account for more than 10% of total sales and are calculated when contracts are signed. According to Robert Dietz, chief economist at the National Association of Home Builders, new construction now makes up almost a third of housing inventory. With homeowners reluctant to list their properties in a higher mortgage-rate environment and builders working through backlogs to boost output, new construction is gaining market share. The number of homes sold in April and awaiting the start of construction – a measure of backlogs – increased to a more than one-year high of 155,000 last month. That represents 7.6 months of supply at the current sales rate, a one-year low. There were 433,000 new homes for sale as of the end of last month, little changed from a year ago. Purchases also picked up in the Midwest to a more than one-year high. Sales jumped almost 18% in the South to the fastest pace since early last year. Moreover, builder sentiment stands at a 10-month high, partly reflecting more optimism about sales expectations. The gradual pickup in demand suggests residential construction is becoming less of a drag on the economy.ĭespite mortgage rates that are about twice as high as they were at the end of 2021, investors have embraced home builder shares because of the lack of existing-home inventory. Sales have trekked higher since hitting a multiyear low in mid-2022, showcasing how builders are taking advantage of limited listings in the resale market. The median sales price of a new home dropped 8.2% from a year earlier to $420,800, marking the biggest decline since April 2020 and reflecting more purchases of cheaper houses. The median estimate in a Bloomberg survey of economists called for a 665,000 reading. Purchases of new single-family homes increased 4.1% to an annualized 683,000 pace last month from a downwardly revised 656,000 rate in March, government data showed Tuesday. new-home sales unexpectedly rose last month to the highest level since March 2022 and prices declined, indicating builders continue to benefit from limited inventory in the resale market.
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