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New Home Sales at 640,000 Annual Rate in February

New Home Sales at 640,000 Annual Rate in February

New Home Average Prices Down 4.5% Year-over-year

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Mar 23, 2023
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
New Home Sales at 640,000 Annual Rate in February
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The Census Bureau reports New Home Sales in February were at a seasonally adjusted annual rate (SAAR) of 640 thousand.

The previous three months were revised down.

Sales of new single‐family houses in February 2023 were at a seasonally adjusted annual rate of 640,000, according to estimates released jointly today by the U.S. Census Bureau and the Departme…

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