Sales of new single-family houses in March 2011 adjusted to an annual rate of 300,000 according to U.S. Census Bureau and the Department of Housing and Urban Development. This number is 11.1 percent (±21.7%)* above the revised February rate of 270,000, However it is still 21.9 percent (±10.3%) below the March 2010 estimate of 384,000. The… read more
Tag Archives: New Home Sales
Existing Home Sales rise 3.7% to 5.1 Million – Futures Trading News
According to the National Association of Realtors March showed decent gains for existing home sales. They reported a slight 3.7% gain to a higher than expected annual rate of 5.1 million. The median sale price of existing homes also showed some gain rising 2.2% to $159,600. However, the year on year comparison shows a 5.9% dip in… read more
New Home Sales 11/24/2010
WASHINGTON, Nov 24 (Reuters) – New U.S. single-family home sales fell unexpectedly in October and prices dropped to a seven-year low, a government report showed on Wednesday, pointing sustained weakness in the housing market following the end of a home-buyer tax credit. The Commerce Department said sales dropped 8.1 percent to a 283,000 unit annual… read more