by Calculated Risk September 25, 2024 11:02 AM
Today’s Calculated Risk Real Estate Newsletter: New home sales in August fell to 716,000 units compared to a year ago
excerpt:
Census Bureau Reported New home sales in August increased at a seasonally adjusted annual rate (SAAR) of 716,000. The prior three months were revised upwards.
…The following chart shows new home sales by month (seasonally adjusted annualized rate) for 2023 and 2024. August 2024 sales were 9.8% higher than August 2023.
Seasonally adjusted new home sales increased year-over-year in 16 of the past 17 months.
There’s a lot more in the article.
