Articles Recently Tagged: New Home Sales

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Pace of New Home Sales in the U.S. Slips, Inventory Hits 9-Year High

Pace of New Home Sales in the U.S. Slips, Inventory Hits 9-Year High

Having rebounded a downwardly revised 3.9 percent in May, the seasonally adjusted pace of new single-family home sales in the U.S. dropped 5.3 percent in June to an annual pace of 631,000 sales, which is 2.5 percent below the long-term average for this time of the year but remains... Read More »

Pace of New Home Sales in the U.S. Rebounds, but Not out West

Pace of New Home Sales in the U.S. Rebounds, but Not out West

Having dropped a downwardly revised 3.7 percent in April, the seasonally adjusted pace of new single-family home sales in the U.S. rebounded 6.7 percent in May to annual pace of 689,000 sales which is 14.1 percent higher on a year-over-year basis and 6.0 percent above the long-term average for... Read More »

Pace of New Home Sales in the U.S. Slips, Inventory Inches Up

Pace of New Home Sales in the U.S. Slips, Inventory Inches Up

Having ticked up a downwardly revised 2.0 percent in March, the seasonally adjusted pace of new single-family home sales in the U.S. slipped 1.5 percent in April to annual pace of 662,000 sales but remains 11.6 percent higher on a year-over-year basis and 1.7 percent above the long-term average... Read More »

Pace of New Home Sales above Average in the U.S., Jumps out West

Having ticked up an upwardly revised 3.6 percent in February, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up another 4.0 percent in March to annual pace of 694,000 sales, which is 8.8 percent higher on a year-over-year basis and 6.8 percent above average... Read More »

Pace of New Home Sales in the U.S. Inches Up, Drops in the West

Pace of New Home Sales in the U.S. Inches Up, Drops in the West

Having dropped a downwardly revised 4.7 percent in January, the seasonally adjusted pace of new single-family home sales in the U.S. inched up 0.6 percent in February to annual pace of 618,000 sales, which is 0.5 percent higher on a year-over-year basis but remains 4.3 percent below average for... Read More »

Pending Home Sales in the U.S. Drop to a 39-Month Low

The National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 4.7 percent in January to 104.6, which is 3.8 percent lower versus the same time last year, down 6.9 percent from last year’s high of 112.3 and its lowest reading... Read More »

Pace of New Home Sales in the U.S. Slips despite More Inventory

Pace of New Home Sales in the U.S. Slips despite More Inventory

The seasonally adjusted pace of new single-family home sales in the U.S. dropped 7.8 percent last month, from an annual pace of 643,000 sales in December to 593,000 in January, and is now running 1.0 percent lower versus the same time last year and 8.6 percent below its long-term... Read More »

Pace of New Home Sales in the U.S. Slips but Ended 2017 Up

Pace of New Home Sales in the U.S. Slips but Ended 2017 Up

The seasonally adjusted pace of new single-family home sales in the U.S. dropped 9.3 percent from November to 625,000 in December but was still 14.1 percent higher versus December 2016, down from 26.6 percent higher on a year-over-year basis in November. At the same time, the December pace was... Read More »

Pace of New U.S. Home Sales Soars Following Downward Revision

Pace of New U.S. Home Sales Soars Following Downward Revision

With the preliminary pace of new single-family home sales in the U.S. having been revised down from a 6.2 percent gain in October to a 1.7 percent decline, the seasonally adjusted rate jumped 17.5 percent from 624,000 October to 733,000 in November, which is 26.6 percent above the pace... Read More »

New U.S. Home Sales Above Average, Inventory at an 8-Year High

New U.S. Home Sales Above Average, Inventory at an 8-Year High

Having jumped a downwardly revised 13.2 percent in September, the seasonally adjusted rate of new single-family home sales in the U.S. increased 6.2 percent in October to an annual rate of 685,000 sales which is 18.7 percent above the pace at the same time last year. The October pace... Read More »