by Calculated Risk on 2/26/2025 10:40:00 AM

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Decrease to 657,000 Annual Rate in January

Brief excerpt:

The Census Bureau reported New Home Sales in January were at a seasonally adjusted annual rate (SAAR) of 657 thousand. The previous three months were revised up.
...
The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). Sales in January 2025 were down 1.1% from January 2024.

New home sales, seasonally adjusted, have increased year-over-year in 19 of the last 22 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 months).

There is much more in the article.

Weekly Schedule