The Census Bureau just released new home sales figures for last month. Here’s a look at what they showed:
* New home sales flatlined at 288,000 units in August. That was slightly below forecasts for a sales rate of 295,000 according to Bloomberg, though it’s worth noting the August sales rate was revised upward by 12,000 [...]
We just got the latest read on the existing home market from the National Association of Realtors. Here’s what the figures looked like …
* Existing home sales rose 7.6% between July and August to a seasonally adjusted annualized rate of 4.13 million. That was roughly in line with the 4.1 million unit forecast of economists [...]
We just got the latest read on home construction, this time for the month of August. Here’s what the numbers showed …
* Housing starts jumped 10.5% to a seasonally adjusted annual rate of 598,000 units in August from a downwardly revised 541,000 units in July. Building permits increased 1.8% to a SAAR of 569,000 from [...]
The National Association of Home Builders just released its latest read on the state of the housing market. The group’s index flatlined at 13 in September, compared with expectations for a slight rise to 14. The subindices for present sales and future sales were both unchanged (at 13 and 18 respectively), while the subindex that [...]
We just got the latest pending home sales figures from the National Association of Realtors. They showed that in July, pending sales rose 5.2%. That compared with forecasts for a 1 percent decline, but it still leaves sales down 19.1% from year-ago levels. By region, sales were up 6.3% in the Northeast, 4.1% in the [...]