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Posts Tagged ‘New Home Sales’


New Home Sales Revised Higher In February; Slip 7% In March

Sales of new homes ticked lower in March, unexpectedly.

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New Home Sales Slip In February

Sales of new homes fell to the lowest levels in four months last month.

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New Home Supply Falls To 5.6 Months

321,000 new homes were sold last month on a seasonally-adjusted, annualized basis. 7 of 10 new homes sold for less than $300,000.

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Supply Of New Homes At 6.1 Months Nationwide

According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.

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Behind The Housing Starts Headlines, The Story That Matters

Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit.

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New Home Sales Approach Bull Market Territory

According to the Census Bureau, the number of new homes sold rose 2 percent in November, taking the metric to a 7-month high.

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New Home Supplies Fall To An 18-Month Low

If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.

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New Home Inventory Keeps Sinking

Home builders continue to sell homes and work through inventory.

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New Home Sales Figures Better Than Reported

According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month.

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New Home Supplies Remain Flat; Builders Not Over-Extending

Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February.

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New Home Supplies Keep Shrinking; Prices Pressured Higher

According to Census Bureau data, the number of new homes slid 1 percent from May. On a seasonally-adjusted, annualized basis, home buyers bought 312,000 newly-built homes last month.

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New Home Supplies Drop, And So Does Homebuilder Confidence

Last month, the number of new homes sold on an annualized, seasonally-adjusted basis tallied 319,000. The May reading is the second-highest of the year, and 6 percent above the current 12-month average.

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New Home Sales Increase For The Second Straight Month

Sales of newly-built homes surprised Wall Street, jumping 7 percent to an seasonally-adjusted, annualized 323,000 units last month.

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New Home Supply Falls To 16-Year Low

Based on joint research from the Census Bureau and HUD, 300,000 new, single-family homes were sold on a seasonally-adjusted, annualized basis in March. It’s an 11 percent improvement from February.

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Pending Home Sales Rebound; Suggest Brighter Spring For Housing

February’s Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing.

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New Home Sales Fall To All-Time, Recorded Low. Maybe.

Sales of newly-built homes plunged 17 percent to an seasonally-adjusted, annualized 250,000 units in February, and the supply of new homes rose to 8.9 months in February — a 1.5 month jump from January. But there’s more to the story.

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Pending Home Sales At The Highest Levels Since April 2010

Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORS®

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New Home Sales Rise In November; Hint At Strong Winter 2011

Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling.

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New Home Sales Slip In October

After posting a strong September, the number of newly-built homes sold nationwide slipped in October.

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Pending Home Sales Slip In September, Suggesting A Buyer’s Market Until January

So long as mortgage rates remain rock bottom, the autumn season is looking like a terrific time to buy.

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New Home Housing Stock Drops To A 5-Month Low

After improving 1 percent in August, New Home Sales popped another 7 percent in September. It’s no wonder homebuilder confidence is at a 5-month high.

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As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest.

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New Home Sales Unchanged In August; Market Stabilizing

The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this summer.

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New Home Sales Drop In July — Just Like Existing Home Sales

Although new home inventory actually dropped 2,000 units in July, the slowing sales pace still managed to push the national supply higher by 1.1 months. At July’s rate of sales, the nation’s new home inventory would be exhausted in just about 9 months.

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New Homes Sales Gain in June, But Gains Are Relative

June’s New Home Sales data is a major improvement over May, but gains are relative. It’s possible that the true “new home market” may be softer than the statistics suggest.

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Buyers Take The May 2010 New Home Sales Data All The Way To The Bank

The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case.

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The Supply Of New Homes For Sale Just Dropped Off A Cliff

At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. That’s more than double the pace of a year ago.

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New Homes Sales Strong in March, But News Can’t Get it Straight

The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us.

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Single-Family Housing Starts Hold Steady For Last 8 Months

Single-family Housing Starts idled last month, dropping just 3,000 units from the month prior, or 0.2%. According to the Commerce Department’s report, February marked the 8th straight month in which Housing Starts straddled the half-million marker, dating back to June 2009. This is a different slant on the Housing Starts story as told by the…Read the Rest of Article

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Existing Homes Sales Benefit from Tax Credit

by Adam Quinones The National Association of Realtors released Existing Home Sales data this morning. Think about the materials that go into building and maintaining a home….WOOD, STEEL, PLASTICS, WIRING, PIPING, CONCRETE, GLASS, ELECTRICITY, FURNITURE, CARPETING ,ELECTRONICS, APPLIANCES….LABOR. How about the commissions earned by Realtors and mortgage originators who help the borrowers close on their…Read the Rest of Article

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