by Calculated Risk on 2/26/2024 10:50:00 AM

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales at 661,000 Annual Rate in January

Brief excerpt:

The Census Bureau reports New Home Sales in January were at a seasonally adjusted annual rate (SAAR) of 661 thousand. The previous three months were revised down.
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The next graph shows new home sales for 2023 and 2024 by month (Seasonally Adjusted Annual Rate). Sales in January 2024 were up 1.8% from January 2023.

There is much more in the article.