New Home Sales at 640,000 Annual Rate in February
New Home Average Prices Down 4.5% Year-over-year
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…