New Residence Gross sales Elevated to 739,000 Annual Price in July

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by Calculated Threat on 9/06/2024 12:03:00 PM

Right this moment, within the Calculated Threat Actual Property Publication: Catching Up: New Residence Gross sales Elevated to 739,000 Annual Price in July

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I am again from Africa! I’ll be catching up on latest information over the subsequent few days, and I’ll submit some photographs / movies from my journey.

Final week the Census Bureau reported New Residence Gross sales in July had been at a seasonally adjusted annual fee (SAAR) of 739 thousand. The earlier three months had been revised up sharply, mixed.

The following graph exhibits new dwelling gross sales for 2023 and 2024 by month (Seasonally Adjusted Annual Price). Gross sales in July 2024 had been up 21.3% from July 2023.

New dwelling gross sales, seasonally adjusted, have elevated year-over-year in 15 of the final 16 months.

There’s way more within the article.

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