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 Rebounded In March
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New Home Sales Rebounded In March

New home sales rebounded in March as an unexpected February downturn corrected. That’s according to data from the U.S. Census Bureau and the Department of Housing and Urban Development, which reported sales rising by 8.8% to a seasonally adjusted annual rate of 693,000, an increase from the month priors’ revised rate of 637,000. Sales were…

New Home Sales Improved YOY But Fell Short Of Expectations

New Home Sales Improved YOY But Fell Short Of Expectations

New home sales improved YOY in January despite elevated rates and higher prices, though didn’t hit the mark on analysts’ expectations. That’s according to data from the U.S. Census Bureau and the Department of Housing and Urban Development, which reported sales up by 1.5% from December to a seasonally adjusted annual rate of 661,000, a…

New Home Sales Spiked In December

New Home Sales Spiked In December

New home sales spiked in December as cooling rates encouraged purchase-shy buyers to make the leap. That’s according to data from the U.S. Census Bureau and the Department of Housing and Urban Development, which reported sales up by 8% from October to a seasonally adjusted annual rate of 664,000, a jump from the month priors’…

New Home Sales Spiked In September

New Home Sales Spiked In September

New home sales sprang back to life in September, according to newly released data from the U.S. Census Bureau and the Department of Housing and Urban Development. Sales rose by 12.3% from August to a seasonally adjusted annual rate of 759,000. This is well above the rate of 680,000 units predicted by economists. The median…

New Home Sales Rose In February As Existing Inventory Shrinks

New Home Sales Rose In February As Existing Inventory Shrinks

New home sales increased slightly month-over-month in February but remain down significantly from last year, according to new estimates from the U.S. Census Bureau and the Department of Housing and Urban Development. Sales rose by 1.1% to a seasonally adjusted annual rate of 640,000, slightly less than economists’ expectations of 650,000. Bloomberg call this an…

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