Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling. [Read the rest of New Home Sales Rise In November; Hint At Strong Winter 2011]
After posting a strong September, the number of newly-built homes sold nationwide slipped in October. [Read the rest of New Home Sales Slip In October]
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. [Read the rest of New Home Housing Stock Drops To A 5-Month Low]
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. [Read the rest of New Home Sales Unchanged In August; Market Stabilizing]
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. [Read the rest of New Home Sales Drop In July -- Just Like Existing Home Sales]
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. [Read the rest of New Homes Sales Gain in June, But Gains Are Relative]
The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case. [Read the rest of Buyers Take The May 2010 New Home Sales Data All The Way To The Bank]
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. [Read the rest of The Supply Of New Homes For Sale Just Dropped Off A Cliff]
Welcome, I'm glad your here. I look Forward To Making You A Raving Fan!