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CalculatedRisk Newsletter
New Home Sales at 616,000 Annual Rate in December; Previous 3 Months Revised Down Sharply

New Home Sales at 616,000 Annual Rate in December; Previous 3 Months Revised Down Sharply

Annual Sales down 16.4% in 2022

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Jan 26, 2023
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
New Home Sales at 616,000 Annual Rate in December; Previous 3 Months Revised Down Sharply
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The Census Bureau reports New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 616 thousand.

The previous three months were revised down sharply.

Sales of new single‐family houses in December 2022 were at a seasonally adjusted annual rate of 616,000, according to estimates released jointly today by the U.S. Census Bureau and the …

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