New Home Sales Improve, Reversing January Slump

New Home Sales Improve, Reversing January Slump

New home sales reversed an early-year slowdown in February as winter weather let up and rates softened. New home sales increased 1.8% on the month to a seasonally adjusted annual rate of 676,000, up from 664,000 the month prior, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development….

New Home Sales Turn South

New Home Sales Turn South

After a surprise bump in December, new home sales took a turn last month thanks to persistent unaffordability and winter weather. New home sales slipped 10.5% on the month to a seasonally adjusted annual rate of 657,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Sales fell…

December New Home Sales See Unexpected Bump

December New Home Sales See Unexpected Bump

Buyers took advantage of increasing new construction inventory in December, giving purchase activity a boost at the end of the year. New home sales jumped last month, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development, which reported an increase of 3.6% on the month to a seasonally…

New, Pending Sales See Boost In November

New, Pending Sales See Boost In November

Both new and pending home sales saw a significant boost in November as inventory corrected and buyers adjusted to 6%-plus interest rates. New home sales increased a whopping 5.9% to a seasonally adjusted annual rate of 664,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Year-over-year, they…

Pending Sales Continue Rising As 2025 Approaches
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Pending Sales Continue Rising As 2025 Approaches

New home sales slipped to a two-year low in October, while pending sales rose across the board, pointing to improving pre-owned activity. New home sales fell a whopping 17.3% to a seasonally adjusted annual rate of 610,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Year-over-year, they…

New Construction Sales Soared, Existing Sales Down In September

New Construction Sales Soared, Existing Sales Down In September

New construction saw a boost in September while existing home sales went down. New home sales increased last month, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development, which reported sales rising by 4.1% to a seasonally adjusted annual rate of 738,000. At the end of the month,…

New Home Sales Fell By 4.7% In August

New Home Sales Fell By 4.7% In August

New home sales remained sluggish in August before confidence in an FOMC rate cut led to cooling rates. That’s according to data from the U.S. Census Bureau and the Department of Housing and Urban Development, which reported sales ticking down by 4.7% to a seasonally adjusted annual rate of 716,000 in August, down from the month…

New, Existing Home Sales Improve

New, Existing Home Sales Improve

Both new home and existing-home sales improved with cooling mortgage rates in July despite record-high home prices. New home sales reversed a surprise downturn last month, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development, which reported sales rising by 10.6% to a seasonally adjusted annual rate of…

New Home Sales Slip Again, Surprising Economists

New Home Sales Slip Again, Surprising Economists

New home sales slipped further last month, throwing off analyst expectations and hitting a 7-month low. That’s according to data from the U.S. Census Bureau and the Department of Housing and Urban Development, which reported sales ticking down by 0.6% to a seasonally adjusted annual rate of 617,000 in June, down from the month priors’…

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