Keeping you up to date on the latest data releases.
- New Home Sales
After an upward revision to June’s report, new single-family home sales rose 3.6 percent in July to an annualized rate of 372,000 units sold. Regionally, new home sales ranged from a 76.5 percent increase in the Northeast to a 1.6 percent decline in the South. Over the past 12-months, overall new home sales rose by 25.3 percent which is the largest annual gain since February. The median sales price of new homes fell 2.1 percent in July to $224,200, representing a 4.6 month supply at the current sales pace.