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US New Home Sales
New home sales in January, as estimated by the US Census Bureau and HUD Thursday, were up 9.6 per cent over the December pace, coming in at 468,000 seasonally adjusted annualized rate. This pace is 2.2 per cent higher than the January 2013 measure. The month-supply measure of inventory fell to 4.7, with the count…
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Housing Starts, Sales : US
Groundbreaking on new US homes dropped 16 per cent in January compared to December, and dipped 2 per cent lower than their level one year earlier, data released by the US government Friday shows. The decrease had been widely expected, thanks to January’s cold and stormy weather. New home starts in January were at an…