New Home Sales Increase to 670,000 Annual Rate in January

New Home Average Prices Down 5.3% Year-over-year

The Census Bureau reports New Home Sales in January were at a seasonally adjusted annual rate (SAAR) of 670 thousand.

The previous three months were revised down, combined.

Sales of new single‐family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau and the …