U.S. New Home Sales: Up 1.6% Year-Over-Year In JuneJuly 26, 2011
The seasonally adjusted annual pace of new single-family home sales in the U.S. fell to 312,000 in June, down 1.0 percent from a revised rate of 315,000 in April but up 1.6 percent versus the 307,000 pace recorded in June 2010.
Preliminary U.S. new home sales (versus pace) in June were estimated to be 29,000 (give or take 8 percent), one thousand lower than in April and the second lowest June on record since 1963.
In the West, the pace of new home sales was up 23.2 percent year-over-year to 69,000, down 12.7 percent versus the month before.
∙ New Residential Sales: June 2011 [census.gov]
∙ New Residential Sales Since 1963 [census.gov]
∙ U.S. New Home Sales: Up 13.5% Year-Over-Year In May [SocketSite]
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