Brief excerpt:
The Census Bureau reports New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 617 thousand. The previous three months were revised up sharply, combined.There is much more in the article.
...
The next graph shows new home sales for 2023 and 2024 by month (Seasonally Adjusted Annual Rate). Sales in June 2024 were down 7.4% from June 2023.
This is the 2nd consecutive year-over-year decline following 13 consecutive months with a year-over-year increase.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.