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New home sales take a dive in November

Dennis Norman

New homes were started in November at an annual rate of 482,000 homes and I asked why in my post last week since new home construction was already outpacing sales….well, today the gap got worse..

This morning the U.S. Department of Commerce released a report showing the sale of New Homes in November were

Continue reading… New home sales take a dive in November

New Home Sales in US through October; UP 5.1 percent OR DOWN 24.1 percent from a year ago, take your pick

Dennis Norman

This morning the U.S. Department of Commerce released a report showing the sale of New Homes in October were at a seasonally adjusted annual rate of 430,000, a 6.2 percent increase from the revised September rate of 405,000 and is 5.1 percent above a year ago.

My Mantra

As has been my long-running mantra, I

Continue reading… New Home Sales in US through October; UP 5.1 percent OR DOWN 24.1 percent from a year ago, take your pick

New Homes Sold Through September down 26.6 Percent from Year Before

Dennis Norman

This morning the U.S. Department of Commerce released a report showing the sale of New Homes in September were at a seasonally adjusted annual rate of 402,000, a 3.6 percent decrease from the revised August rate of 417,000 and is 7.8 percent below a year ago.

Like I pointed out however, in my post

Continue reading… New Homes Sold Through September down 26.6 Percent from Year Before

New home sales up 0.7 percent in August; or NOT? Down 3.4 percent from a year ago or down 27.8 percent?

Dennis Norman

By: Dennis Norman

Yesterday I did a post about the new home sales report issued by the U.S. Department of Commerce and, just like much of the media and bloggers out there, I reported that new home sales rose in August, albeit a scant 0.7 percent and that the seasonally adjusted annual rate of

Continue reading… New home sales up 0.7 percent in August; or NOT? Down 3.4 percent from a year ago or down 27.8 percent?

New home sales up slightly in August; Prices down 7 percent for the month

Dennis Norman

By: Dennis Norman

This morning the U.S. Department of Commerce released a report showing the sale of New Homes in August were at a seasonally adjusted annual rate of 429,000, a 0.7 percent increase from July, but a 3.4 percent decrease from a year ago.

The Northeast region after seeing a 32.4 percent increase in

Continue reading… New home sales up slightly in August; Prices down 7 percent for the month

New Home Sales Up 9.6 Percent in July; Sales are not coming fast or easy though

Dennis Norman

By: Dennis Norman

This morning the U.S. Department of Commerce released a report showing the sale of New Homes in July were at a seasonally adjusted annual rate of 433,000, a 9.6 percent increase from June and makes the fourth consecutive month of new home sales increases.

The Northeast region saw the biggest monthly increase

Continue reading… New Home Sales Up 9.6 Percent in July; Sales are not coming fast or easy though

New home sales up 11% in June – median price down 6.9% for the month

Dennis Norman

By: Dennis Norman

This morning the U.S. Department of Commerce released a report showing the sale of New Homes in June were at a seasonally adjusted annual rate of 384,000, an 11% increase from May.

Junes sales numbers are down 21.3% from a year ago however that is much better than May’s 33% decline from

Continue reading… New home sales up 11% in June – median price down 6.9% for the month