New Home Sales Flat in October

Contracts for new, single-family home sales were flat at a 745,000 seasonally adjusted annual rate in October, according to estimates from a joint release by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. However, the flat reading was due to a significant downward revision for the September pace (revised from an 800,000 rate to 742,000). 

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New Home Sales Fall in February

Sales of newly built, single-family homes fell 4.4% to a seasonally adjusted annual rate of 765,000 units in February, coming off a sharp upward revision in January, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The February rate is 14.3% higher than the February 2019 pace, and January and February readings mark the highest monthly sales paces since July 2007.

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2019 New Home Sales Up 10% Over 2018

Sales of newly built, single-family homes declined 0.4% to a seasonally adjusted annual rate of 694,000 units in December, coming off a downward revision in November, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The monthly number is 23% higher than the December 2018 pace. An estimated 681,000 new homes were sold in 2019, 10.3% higher than…

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New Home Sales Trend Higher in November

Sales of newly built, single-family homes increased 1.3% to a seasonally adjusted annual rate of 719,000 units in November, off a downwardly revised October reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. In a sign that new home sales are on an upward path, this is the fourth consecutive month that sales topped…

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New Home Sales Rebound in June; Affordability Concerns Persist

Sales of newly built, single-family homes increased 7% to a seasonally adjusted annual rate of 646,000 units in June from a downwardly revised reading 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, new home sales for 2019 are 2.2% higher than the same period…

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