Keeping you up to date on the latest data releases.
- New Home Sales
Sales of new single-family homes rose 15.6 percent in January and 28.9 percent over the past 12 months to a seasonally-adjusted annualized rate of 437,000 units sold. Regionally, all areas posted positive gains both monthly and annually with the West leading in both, up 45.3 percent and 60.3 percent, respectively. The median sales price of new single-family homes fell sharply, down 9.3 percent to $226,400 to the lowest level since last January. The available inventory of new homes for sale was 150,000, which is a 4.1 month supply the current sales pace.