According to the Census Bureau, the number of new homes sold rose 2 percent in November, taking the metric to a 7-month high.
Tag Archive: New Home Sales
New Home Sales Figures Better Than Reported
According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month.
There Are 22 Percent Fewer Homes for Sale Than in June 2010
According to Census Bureau data, the number of new homes slid 1 percent from May. On a seasonally-adjusted, annualized basis, home buyers bought 312,000 newly-built homes last month.
Pending Home Sales Rebound; Suggest Brighter Spring For Housing
February’s Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing.
New Home Sales Fall To All-Time, Recorded Low. Maybe.
Sales of newly-built homes plunged 17 percent to an seasonally-adjusted, annualized 250,000 units in February, and the supply of new homes rose to 8.9 months in February — a 1.5 month jump from January. But there’s more to the story.
Pending Home Sales At The Highest Levels Since April 2010
Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORS®
As Buyer Foot Traffic Rises, So Does Homebuilder Confidence
According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest.
New Home Sales Unchanged In August; Market Stabilizing
The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this summer.
New Home Sales Drop In July — Just Like Existing Home Sales
Although new home inventory actually dropped 2,000 units in July, the slowing sales pace still managed to push the national supply higher by 1.1 months. At July’s rate of sales, the nation’s new home inventory would be exhausted in just about 9 months.
New Homes Sales Gain in June, But Gains Are Relative
June’s New Home Sales data is a major improvement over May, but gains are relative. It’s possible that the true “new home market” may be softer than the statistics suggest.
