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New Home Sales: Record 109 thousand homes have not been started
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New Home Sales: Record 109 thousand homes have not been started

Prices Are Up Sharply Year-over-year

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Nov 24, 2021
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CalculatedRisk Newsletter
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New Home Sales: Record 109 thousand homes have not been started
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New Home Sales at 745,000 Annual Rate in October

The Census Bureau reports New Home Sales in October were at a seasonally adjusted annual rate (SAAR) of 745 thousand.

The previous three months were revised down significantly.

Sales of new single‐family houses in October 2021 were at a seasonally adjusted annual rate of 745,000, according to estimates relea…

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