New Home Sales Slip In October
November 30, 2010 by John Abry · Leave a Comment
After posting a strong September, the number of newly-built homes sold nationwide slipped in October.
New Home Housing Stock Drops To A 5-Month Low
October 28, 2010 by John Abry · Leave a Comment
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.
New Home Sales Unchanged In August; Market Stabilizing
September 28, 2010 by John Abry · Leave a Comment
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.
New Home Sales Drop In July — Just Like Existing Home Sales
August 26, 2010 by John Abry · Leave a Comment
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.
New Homes Sales Gain in June, But Gains Are Relative
July 27, 2010 by John Abry · Leave a Comment
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.