Tag Archives: New Home Sales

New Home Sales Figures Better Than Reported

According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month. Continue reading

Posted in Housing Analysis | Tagged , , | Leave a comment

New Home Supplies Remain Flat; Builders Not Over-Extending

Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February. Continue reading

Posted in Housing Analysis | Tagged , , | Leave a comment

New Home Supplies Keep Shrinking; Prices Pressured Higher

According to Census Bureau data, the number of new homes slid 1 percent from May. On a seasonally-adjusted, annualized basis, home buyers bought 312,000 newly-built homes last month. Continue reading

Posted in Housing Analysis | Tagged , | Comments Off

New Home Supplies Drop, And So Does Homebuilder Confidence

Last month, the number of new homes sold on an annualized, seasonally-adjusted basis tallied 319,000. The May reading is the second-highest of the year, and 6 percent above the current 12-month average. Continue reading

Posted in Housing Analysis | Tagged , , | Leave a comment

New Home Sales Increase For The Second Straight Month

Sales of newly-built homes surprised Wall Street, jumping 7 percent to an seasonally-adjusted, annualized 323,000 units last month. Continue reading

Posted in Housing Analysis | Tagged , , | Leave a comment

New Home Supply Falls To 16-Year Low

Based on joint research from the Census Bureau and HUD, 300,000 new, single-family homes were sold on a seasonally-adjusted, annualized basis in March. It’s an 11 percent improvement from February. Continue reading

Posted in Housing Analysis | Tagged , , | Leave a comment

New Home Sales Slip In October

After posting a strong September, the number of newly-built homes sold nationwide slipped in October.

Continue reading

Posted in New Home Sales | Tagged , | Leave a comment

As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest. Continue reading

Posted in Homebuilders | Tagged , , | Leave a comment

New Home Sales Drop In July — Just Like Existing Home Sales

Although new home inventory actually dropped 2,000 units in July, the slowing sales pace still managed to push the national supply higher by 1.1 months. At July’s rate of sales, the nation’s new home inventory would be exhausted in just about 9 months. Continue reading

Posted in New Home Sales | Tagged , , | Leave a comment