New Homes

Sales of new homes declined in April 2019 according to the Census Bureau.  Falling to an annualized 673,000 units from the upwardly revised count of 723,000 (originally 692,000), this monthly decline is the first of 2019.  April’s setback hurt the year-over-year trend which fell to 7.0 percent from 10.6 percent in March.

New home sales in America have been strong during the past couple of months according to data from the Census Bureau.  After surging 14.2 percent in September, this volatile indicator continued its upward trend in October 2017 by adding another 6.2 percent.  With contract signings reaching 685,000 on an annualized basis, this latest swell puts the indicator at its best level in the cu

Sales of new homes fell in August 2017 according to the Census Bureau.  Transaction volume declined 3.4 percent versus July, falling to 560,000 units on an annualized basis.  Compared to a year earlier, 1.2 percent fewer contracts were signed in the period, declining for a second consecutive time.