Tag Archives: New Home Sales

Smoking-Hot New Home Sales – August 2020

Have been wanting to use the words Smoking Hot regarding real estate since the last downturn in 2008, and finally have a reason: August 2020 new home sales!   New home sales came in at a blistering 1.011 million units in August on seasonally adjusted annualized rate (SAAR), up a massive 43.2 percent from the prior …Read more

New Home Sales Pickup in May 2020

New home sales picked up the pace growing by double digits percentage wise in May 2020, as the demand for clean, safe and never-lived in housing rose.  Sales came in at 676,000 dwelling units on a seasonally adjusted annualized rate (SAAR) according to the U.S. Census Bureau, up 16.6 percent from the revised 580,000 in …Read more

Latest Home Sales and Residential Lending forecasts

Each month Fannie Mae and the MBA forecast interest rates, residential lending, and both existing and new home sales.  Freddie Mac does a quarterly forecast covering lending, interest rates and total home sales – existing plus new.  The following tables summarize the latest forecasts as of June 2020. Interest Rates Differing expectations of interest rates …Read more