by Calculated Risk on 3/25/2025 11:22:00 AM

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increase to 676,000 Annual Rate in February

Brief excerpt:

The Census Bureau reported New Home Sales in February were at a seasonally adjusted annual rate (SAAR) of 676 thousand. The previous three months were revised down, combined.
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The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). Sales in February 2025 were up 5.1% from February 2024.

New home sales, seasonally adjusted, have increased year-over-year in 20 of the last 23 months. This is essentially the opposite of what happened with existing home sales that had been down year-over-year every month for 3+ years (existing home sales have been up year-over-year for the last 4 or the last 5 months).

There is much more in the article.

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