Keeping you up to date on the latest data releases.
- New Home Sales
New single-family home sales fell sharply in March, down 14.5 percent for the month and 13.3 percent over the past 12 months to a seasonally-adjusted annualized rate of 384,000 units sold. Regionally, all areas declined on an annual basis while monthly growth rates ranged from a 21.5 percent decline in the Midwest to a 12.5 percent increase in the Northeast. The median sales price of new single-family homes jumped 11.1 percent for the month and 12.7 percent annually. The inventory of available new single-family homes was 190,000 units, representing a 6.0 month supply at the current sales pace.