Keeping you up to date on the latest data releases.
- New Home Sales
New single-family home sales fell 7.0 percent in December, but are up 4.5 percent over the past 12 months to a seasonally-adjusted annualized rate of 414,000 units sold. While most areas showed relatively stable sales growth, the Northeast posted sharp monthly and annual declines, down 36.4 percent and 27.6 percent, respectively. The inventory of new single-family homes available for sale was 171,000, representing a five-month supply at the current sales pace. The median sales price of new single-family homes was $270,200, up 0.6 percent for the month and 4.6 percent compared to December 2012.