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New home sales dropped 17.3% in October from the previous month to a seasonally adjusted rate of 610,000 units, according to Census Bureau data released on Tuesday. Analysts surveyed by Bloomberg ...
At September's sales pace, it would take 4.3 months to exhaust the current inventory of existing homes, the highest since May 2020 and up from 3.4 months a year ago.
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand, offering more evidence that the housing market recovery was faltering. But ...
The S&P CoreLogic Case–Shiller U.S. National Home Price Index is a composite of single-family home price indices for the nine U.S. Census divisions. It is calculated monthly, using a three-month moving average. The S&P national index is normalized to have a value of 100 in the January 2000.
Sales accelerated 6.1% compared with November last year, representing the biggest year-over-year gain since June 2021. The latest home sales topped the 4.1 million pace economists were expecting ...
New and existing home sales. New home sales is an economic indicator which records sales of newly constructed residences in the United States of America. The United States Census Bureau publishes new home sales statistics monthly on their website. Statistics are reported as unadjusted monthly rates and seasonally adjusted annual rates.
The HPI is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same properties in 363 metropolises. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January ...
Single-family homebuilding slipped 0.5% from a year ago. Starts for multi-family housing jumped 9.8% to a pace of 326,000 units. Overall housing starts dropped 3.1% to a rate of 1.311 million units.