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New Home Sales Increased in August; Completed Inventory Increased

New Home Sales Increased in August; Completed Inventory Increased

New Home Sales Increase to 685,000 Annual Rate in August

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Sep 27, 2022
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
New Home Sales Increased in August; Completed Inventory Increased
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The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 685 thousand.

The previous three months were revised up, combined.

Sales of new single‐family houses in August 2022 were at a seasonally adjusted annual rate of 685,000, according to estimates released jointly today by the U.S. Census Bureau and the Depa…

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