Keeping you up to date on the latest data releases.
- New Home Sales
In February, the sale of new single-family homes fell 3.3 percent for the month and 1.1 percent over the past 12 months to a seasonally-adjusted annualized rate of 440,000 units sold. The median sales price was $261,800, representing a 0.4 percent increase for the month, but a 1.2 percent decline since last February. The inventory of new homes for sale has risen 24.3 percent over the past year to 189,000 units, which is a 5.2 month supply at the current sales pace.