by Calculated Risk September 6, 2024 12:03 PM
Today’s Calculated Risk Real Estate Newsletter: Catching up: July new home sales rise to annual 739,000
excerpt:
I’m back from Africa! I’ll be checking back over the next few days with an update and posting some photos and videos from my trip.
…
Last week, the Census Bureau Reported New home sales in July were at a seasonally adjusted annual rate (SAAR) of 739,000, a significant upward revision when comparing the previous three months combined.
…The following chart shows new home sales by month (seasonally adjusted annualized rate) for 2023 and 2024. July 2024 sales were 21.3% higher than July 2023.
Seasonally adjusted new home sales increased year-over-year in 15 of the past 16 months.
There’s a lot more in the article.
