Tag: home sales

New Home Sales Post Strong Pace in October

Filed in Economics by on November 26, 2019 1 Comment
New Home Sales Post Strong Pace in October

Sales of newly built, single-family homes decreased 0.7% to a seasonally adjusted annual rate of 733,000 units in October, off strong upward revisions to the September reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, new home sales for 2019 are 9.6% higher than the same period in 2018.

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New Home Sales Post Solid Gains in August

Filed in Economics by on September 25, 2019 0 Comments
New Home Sales Post Solid Gains in August

Sales of newly built, single-family homes increased 7.1% to a seasonally adjusted annual rate of 713,000 units in August off a revised upward reading in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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New Home Sales Solid in July, as June Numbers Strongly Revised Upwards

Filed in Economics by on August 23, 2019 0 Comments
New Home Sales Solid in July, as June Numbers Strongly Revised Upwards

Sales of newly built, single-family homes fell 12.8% to a seasonally adjusted annual rate of 635,000 units in July, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The same report reveals that home sales were sharply revised upward in June to a post-recession high of 728,000 units.

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New Home Sales Decline in May

Filed in Economics by on June 25, 2019 3 Comments
New Home Sales Decline in May

Sales of newly built, single-family homes fell 7.8% to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis however, new home sales for 2019 are 4% higher than the same period in 2018.

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New Home Sales Post Solid Rate of 673,000 in April

Filed in Economics by on May 23, 2019 1 Comment
New Home Sales Post Solid Rate of 673,000 in April

Sales of newly built, single-family homes fell 6.7% to a seasonally adjusted annual rate of 673,000 units in April after a sharp upwardly revised March report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The March sales pace of 723,000 units was the highest monthly rate since the Great Recession and the April figure was the third-highest pace.

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January New Home Sales Demonstrate Demand for Affordable Homes

Filed in Economics by on March 14, 2019 1 Comment
January New Home Sales Demonstrate Demand for Affordable Homes

The latest new home sales report from the government indicates an increasing demand for homes sold in an affordable price range. In January 2019, 66% of all new single-family home sales were priced between $200,000 to $400,000 vs. 51% in January 2018.

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New Home Sales Higher Than Expected in November

Filed in Economics by on January 31, 2019 1 Comment
New Home Sales Higher Than Expected in November

New home sales increased 16.9% in November to a seasonally adjusted annual rate of 657,000 units. This is the highest sales pace in eight months.

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New Home Sales Up 3.5% in August Even as Affordability Concerns Persist

Filed in Economics, Home Building by on September 26, 2018 0 Comments
New Home Sales Up 3.5% in August Even as Affordability Concerns Persist

Sales of newly built, single-family homes rose 3.5% in August to a seasonally adjusted annual rate of 629,000 units after downwardly revised June and July reports, according to newly released data from HUD and the Census Bureau. These downward revisions suggest softness in new-home sales activity this summer. However, on a year-to-date basis, sales are up 6.9% from this time in 2017.

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New Home Sales Edge Down 1.7% in July

Filed in Economics by on August 23, 2018 2 Comments
New Home Sales Edge Down 1.7% in July

Sales of newly built, single-family homes inched down 1.7% in July to a seasonally adjusted annual rate of 627,000 units after an upwardly revised June report, according to newly released data by HUD and the U.S. Census Bureau. On a year-to-date basis, sales are up 7.2% from this time last year.

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New Home Sales Rise to Highest Level This Year

Filed in Economics by on June 25, 2018 0 Comments
New Home Sales Rise to Highest Level This Year

Sales of newly built, single-family homes rose 6.7% in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April report, according to newly released data by HUD and the U.S. Census Bureau. This is the second-highest sales report since the Great Recession.

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