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Because new home sales trigger consumption, they have significant market impact upon release. New home sales also serve as a good indicator of economic turning points due to their consumer income sensitivity. Generally, when economic conditions slow down, new home sales serve as an early indicator of such a depression. [citation needed]
Every month, the U.S. Census Bureau releases a report called New Home Sales. The moment it arrives, investors, financial journalists, lawmakers, central bankers and economists begin poring over it ...
Every month, the U.S. Census Bureau releases a report called New Home Sales. The moment it arrives, investors, financial journalists, lawmakers, central bankers and economists begin poring over it ...
(See Chart 1: Texas New Homes Days on Market) Texas New Home Sales Flattened Based on all local MLS data, the most reliable and current source of all home sales activity, total new home sales flattened in the four largest new home markets in Texas last month. The October 3-month moving average of new home sales in Dallas-Ft. Worth was 1,870 ...
Sales of newly built single-family homes in the United States soared in March despite mortgage rates remaining elevated that month.
The July 3-month moving average of new home sales in Dallas-Ft. Worth was 1,902 versus 1,954 in June. In Houston, total new home sales were 2,053 versus 2,093 in June. Austin's new home sales last month were 900 versus 917 in June. San Antonio was the exception, as new home sales in July were slightly higher at 1,121 versus 1,079 in June. (See ...
Every month, the U.S. Census Bureau releases a report called New Home Sales. The moment it arrives, investors, financial journalists, lawmakers, central bankers and economists begin poring over it ...
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