Keeping you up to date on the latest data releases.
- New Home Sales
New single-family home sales rose 9.6 percent in January and 2.2 percent over the past 12 months to a seasonally-adjusted annualized rate of 468,000 units sold—the highest level since July 2008. Regionally, monthly growth rates varied widely from a 73.7 percent increase in the Northeast to a 17.2 percent decline in the Midwest. On annual basis, new homes sales ranged from a 22.7 percent increase in the South to a 23.3 percent decline in the West. The median sales price of new homes sold was $260,100, representing a 2.2 percent decline for the month, but a 3.4 percent increase since January 2013. The inventory of new single-family homes for sale was 184,000 units, which is a 4.7 percent month supply at the current sales pace.