by Calculated Risk on 1/25/2024 10:53:00 AM

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales increase to 664,000 Annual Rate in December

Brief excerpt:

The Census Bureau reports New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 664 thousand. The previous three months were revised up, combined.
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The next graph shows new home sales for 2022 and 2023 by month (Seasonally Adjusted Annual Rate). Sales in December 2023 were up 4.4% from December 2022.

Annual new home sales in 2023 were at an estimated 668,000, up 4.2% from 641,000 in 2022.

There is much more in the article.