November New Home Sales Down 11%

Sales of new single-family houses in November fell to a seasonally adjusted annual rate of 841,000, the Census Bureau and HUD reported yesterday. This is 11 percent below the revised October rate of 945,000, but is 20.8 percent higher than a year ago (696,000).

August New Home Sales Continue Summer Surge

New home sales topped the one million mark, seasonally adjusted, in August for the first time since 2006, HUD and the Census Bureau reported yesterday.

July New Home Sales Hit 13-Year High

Sales of new single-family houses in July posted another strong double-digit gain, jumping to their strongest pace since 2006, HUD and the Census Bureau reported yesterday.

May New Home Sales Post Healthy 16.6% Gain

Home buyer enthusiasm for new homes intensified in May, HUD and the Census Bureau reported yesterday, jumping by 16.6 percent from April and by nearly 13 percent from a year ago.

April New Home Sales Reflect Growing Purchaser Confidence

After several months of brutish news, in which home builder confidence fell to an eight-year low, HUD and the Census Bureau had some good news: April new home sales rose for the first time since January.

March New Home Sales Feel Brunt of Coronavirus

The expected hit to new home sales from the coronavirus pandemic fully manifested itself in March, falling by more than 15 percent from February to its lowest level in six years, HUD and the Census Bureau reported yesterday.