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January New Home Sales: Record 106 thousand Homes Have Not been Started

January New Home Sales: Record 106 thousand Homes Have Not been Started

New Home Sales decrease to 801,000 Annual Rate in January

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Feb 24, 2022
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
January New Home Sales: Record 106 thousand Homes Have Not been Started
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The Census Bureau reports New Home Sales in January were at a seasonally adjusted annual rate (SAAR) of 801 thousand.

The previous three months were revised up.

Sales of new single‐family houses in January 2022 were at a seasonally adjusted annual rate of 801,000, according to estimates released jointly today by the U.S. Census Bureau and the Department o…

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