New home sales fall 0.3% in October

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The 373K annualized rate this month represents an increase of 27.7 per cent (18.8%) over last year’s August new home sales estimate of 292,000, according to the release. More from the release:

New Home Sales Sales of new singlefamily houses in May 2019 were at a seasonally adjusted annual rate of 626,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.8 percent (14.7 percent)* below the revised April rate of 679,000 and is 3.7 percent (15.0 percent)* below the May 2018 estimate of 650,000. Sales Price

The pending home sales index showed mixed regional results in January. Only the South saw an increase, of 0.3%. Declines in other regions ranged from 4.9% in the Midwest to 3.2% in the Northeast.

US new home sales fall 1.6% in November.. October sales fell 2.2 per cent to a downwardly revised rate of 445,000. originally published asus new home sales fall 1.6% in November.

New Home Sales Fall 3.4% in August Filed in Economics by NAHB Now on September 26, 2017 0 Comments Sales of newly built, single-family homes in August fell 3.4% to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July reading, according to newly released data by HUD and the U.S. Census Bureau.

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 · New car sales fell 3.4% in March amid uncertainty The Society of Motor Manufacturers and Traders said some 458,000 vehicles were registered last month. Sales of new.

New-home sales slipped slightly in the South and increased in the Midwest. The average sales price has slumped 0.6 percent from a year ago to $377,200.

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Meanwhile, the number of new homes sold and for sale dipped 1.5% from the previous month to about 662,000, according to the report. They rose, however, 11.6% from the same month a year earlier.

WASHINGTON – Sales of new homes moderated in October after surging the month before, further evidence that economic growth is slowing to a more sustainable pace. Americans purchased new single-family homes at a seasonally adjusted annual rate of 928,000 in October, a 2.6 percent drop from September, the Commerce Department said Monday.