New Dwelling Gross sales Enhance to 664,000 Annual Charge in November

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by Calculated Danger on 12/23/2024 10:49:00 AM

Right this moment, within the Calculated Danger Actual Property E-newsletter: New Dwelling Gross sales Enhance to 664,000 Annual Charge in November

Transient excerpt:

The Census Bureau reported New Dwelling Gross sales in November have been at a seasonally adjusted annual price (SAAR) of 664 thousand. The earlier three months have been revised up, mixed.

The subsequent graph exhibits new dwelling gross sales for 2023 and 2024 by month (Seasonally Adjusted Annual Charge). Gross sales in November 2024 have been up 8.7% from November 2023.

New dwelling gross sales, seasonally adjusted, have elevated year-over-year in 18 of the final 20 months. Word that gross sales the earlier month – October 2024 – have been impacted by the hurricanes.

There’s rather more within the article.

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