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 »

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 »

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 »

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 »

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 »

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 »

Having dropped 9.4 percent over the previous two months, the seasonally adjusted rate of new single-family home sales in the U.S. jumped 18.9 percent in September to an annual rate of 667,000 sales which is 17.0 percent above the pace at the same time last year versus 1.2 percent... Read More »

Having slipped in July, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped 2.6 percent in August to 106.3 which is 2.6 percent below the same time last year and the lowest reading since January 2016. And with the... Read More »

Having dropped an upwardly revised 5.6 percent in July, the seasonally adjusted rate of new single-family home sales in the U.S. slipped another 3.4 percent in August to an annual rate of 560,000 sales which is 1.2 percent below the pace at the same time last year. Last month’s... Read More »

Having ticked up an upwardly revised 1.9 percent in June, the seasonally adjusted rate of new single-family home sales in the U.S. suddenly dropped 9.4 percent in July to an annual rate of 571,000 sales which is 8.9 percent below the pace of sales at the same time last... Read More »