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New Home Sales Decreased in September; Completed Inventory Increased

New Home Sales Decreased in September; Completed Inventory Increased

New Home Sales Decrease to 603,000 Annual Rate in September

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Oct 26, 2022
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
New Home Sales Decreased in September; Completed Inventory Increased
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The Census Bureau reports New Home Sales in September were at a seasonally adjusted annual rate (SAAR) of 603 thousand.

The previous three months were revised down, combined.

Sales of new single‐family houses in September 2022 were at a seasonally adjusted annual rate of 603,000, according to estimates released jointly today by the U.S. Census Bureau and …

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