Browsing Posts In: New Home Sales

March 15, 2017 Posted by: Nadia Evangelou, Research Economist

Existing-home sales rose 3.3 percent in January from one month prior while new home sales increased 3.7 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines income […]

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Posted by: Nadia Evangelou, Research Economist

Existing-home sales rose 3.3 percent in January from one month prior while new home sales increased 3.7 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines income […]

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January 27, 2016 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Home sales of newly constructed homes rose solidly in December. The latest tally is the second highest monthly sales pace in nearly eight years. The annual total is the best in nearly a decade. The gain also affirms the continuing housing recovery and one key reason as to why the U.S. economy will avoid recession […]

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November 25, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

There was a big rebound in new home sales in October after a very poor showing in September. Even with the gain, the sales pace of newly constructed homes is only about half of what it should be. Home builders need to get busier. Specifically, the annualized sales pace in October was 495,000, a gain […]

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October 26, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

New home sales plunged in the past month to the slowest pace of the year. Despite the monthly decline, the year-to-date sales were up by 18 percent. Based on housing permit issuance trends, new home sales are likely to turn upwards in upcoming months. In September, new home sales—after accounting for seasonal factors—fell to 468,000 […]

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September 29, 2015 Posted by: Nadia Evangelou, Research Economist

Existing-home sales decreased 4.8 percent in August from one month prior while new home sales increased 5.8 percent. These headline figures are seasonally adjusted figures and are reported in the news. However, for everyday practitioners, simple raw counts of home sales are often more meaningful compared to the seasonally adjusted figures. The raw count determines […]

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August 26, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

New home sales increased by 26 percent from one year ago. It’s a further proof of the housing market strengthening. Amid stock market gyrations residential real estate appears a very safe place to invest particularly given the current housing shortage in America. Specifically, new home sales, which are not closings but rather contract signings on […]

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July 24, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

New home sales fell for the second consecutive month, but the subdued activity is more of a reflection of homebuilders not actively breaking ground for single-family home construction. Specifically, the new home sales pace on an annualized basis was 482,000 in June, a decline of 7 percent from one month ago. From one year ago, […]

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July 2, 2015 Posted by: Nadia Evangelou, Research Economist

Existing-home sales increased 5.1 percent in May from one month prior while new home sales increased 2 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of home sales are often more meaningful compared to the seasonally adjusted figures.  The raw count determines […]

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June 23, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

New home sales increased for the second straight month.  Homebuilders are now focusing on lower-priced and smaller-sized homes as evidenced by a lower median price.  But the supply is still short of demand.  Expect general push up to home prices in the upcoming months. Construction of new homes was slightly below last year’s level.  But […]

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