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Newsletter: New Home Sales Increase to 698,000 Annual Rate in December
Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increase to 698,000 Annual Rate in December Brief excerpt: The Census Bureau reported New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 698 thousand. The previous three months were revised down slightly, combined. ... The next graph shows new home sales for 2023 and 2024 by month (Seasonally Adjusted Annual Rate). Sales in December 2024 were up 6.7% from December 2023. New home sales, seasonally adjusted, have increased year-over-year in 19 of the last 21 months. This is essentially the opposite of what happened with existing home sales that had been down year-over-year every month for 3+ years (existing home sales have been up year-over-year for the last 3 months). There is much more in the article.
Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increase to 698,000 Annual Rate in December
Brief excerpt:
Brief excerpt:
The Census Bureau reported New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 698 thousand. The previous three months were revised down slightly, combined.There is much more in the article.
...
New home sales, seasonally adjusted, have increased year-over-year in 19 of the last 21 months. This is essentially the opposite of what happened with existing home sales that had been down year-over-year every month for 3+ years (existing home sales have been up year-over-year for the last 3 months).
