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US Supply of New Homes: August
The August increase of the pace of new home sales pushed the months’ supply measure of inventory to its lowest level in more than a year. According to estimates from the Census Bureau and HUD released Thursday, on a nonseasonally adjusted basis the inventory of for-sale newly built homes stood at 206,000 in August. This…
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New Home Sales, US
In a joint release the Census Bureau and Department of Housing and Urban Development reported Wednesday that newly constructed single family homes sold at a seasonally adjusted annual pace of 504 thousand in August, up 18 per cent from July and 33 per cent from August 2013. The supply of new homes available for sale…
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US New and Existing Home Sales: May
New single-family home sales in the US reached the highest pace in six years in May. According to estimates from the Census Bureau and the Department of Housing and Urban Development released Tuesday, new home sales were at a seasonally adjusted annual rate of 504,000 in May, a gain of 18.6 per cent over a…
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US Real Estate
A report April 11 from Zelman & Associates said it the analyst firm now expected a 5 per cent drop in sales of previously owned homes in America for 2014, to a seasonally adjusted annual level of 4.8 million units. At the start of this year, the firm had forecast nearly a 6 per cent…
