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New Home Sales increase to 763,000 Annual Rate in May
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New Home Sales increase to 763,000 Annual Rate in May

Median New Home Price is Down 16.2% from the Peak

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Jun 27, 2023
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
New Home Sales increase to 763,000 Annual Rate in May
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The Census Bureau reports New Home Sales in May were at a seasonally adjusted annual rate (SAAR) of 763 thousand. The previous three months were revised down slightly, combined.

Sales of new single‐family houses in May 2023 were at a seasonally adjusted annual rate of 763,000, according to estimates released jointly today by the U.S. Census Bureau and t…

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