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New Home Sales Up

New Home Sales Up in February




New Home SalesThe U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for February 2017.

New Home Sales Sales of new single-family houses in February 2017 were at a seasonally adjusted annual rate of 592,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.1 percent above the revised January rate of 558,000 and is 12.8 percent above the February 2016 estimate of 525,000.

The median sales price of new houses sold in February 2017 was $296,200. The average sales price was $390,400.

The seasonally-adjusted estimate of new houses for sale at the end of February was 266,000. This represents a supply of 5.4 months at the current sales rate.

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National Home Prices Continue to Rise




Data released for December 2016 S&P CoreLogic Case-Shiller Indices shows that home prices continued their rise across the country over the last 12 months.
The S&P CoreLogic Case-Shiller U.S. […] Continue Reading…

New Home Sales Up

New Home Sales Up in January




Sales of new single-family houses in January 2017 were at a seasonally adjusted annual rate of 555,000, according to estimates released jointly by the U.S. Census Bureau and the […] Continue Reading…

Existing Home Sales Up

Existing-Home Sales Rise in January




Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to […] Continue Reading…

Housing Starts Down

Privately Owned Housing Starts Fall in January




The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for January 2017.

Building Permits

Privately-owned housing units authorized by […] Continue Reading…