Keeping you up to date on the latest data releases.
- New Home Sales
The pace of new single-family home sales fell 7.3 percent from November to December, but have risen 8.8 percent since December 2011 to a seasonally-adjusted annualized rate of 369,000 units. Regionally, the Northeast experienced the sharpest monthly decline of 29.4 percent, but also the largest annual increase of 20.0 percent. The monthly supply of new single-family homes rose to a 4.9 month supply at the current sales pace. Meanwhile the median sales price rose 1.3 percent for the month and 13.8 percent over the past 12-months. Overall, there were an estimated 367,000 new single-family homes sold throughout 2012, which is a 19.9 percent increase above the 2011 figure of 306,000 units.