Tag Archives: New Home Sales

New Home Sales February 2019 — Up 4.9 Percent Sequentially from January but Essentially Flat Vs a Year Ago

New single family residential (SFR) home sales of 667,000 on seasonally adjusted annualized rate (SAAR) in February far exceeded analyst expectations and were up 4.9 percent sequentially from January, but essentially unchanged from a year ago (up 0.6 percent). There were an estimated 318,000 new homes available for sale at the end of February 2019 …Read more

New Single Family Home Sales Jump 14.1 Percent Vs A Year Ago in May 2018, Median Price Down 3.3 Percent to $313,000

New single family residential (SFR) home sales of 689,000 on seasonally adjusted annualized rate (SAAR) were up 14.1 percent versus a year ago and 6.7 percent sequentially from April.   Other than the 712,000 SAAR rate posted in November 2017, this is the greatest level seen since October 2007.  Year-to-date new home sales are up 8.8 …Read more

New Home Sales in February 2018 Flat Versus a Year Ago

New homes sales of 618,000 on seasonally adjusted annualized rate (SAAR) were essentially unchanged from both a year ago and the prior month.    There were 305,000 new homes available for sale at the end of February 2018 equating to an estimated 5.9 months inventory.  In comparison, existing homes had a miniscule 3.4 month inventory …Read more