Tag Archives: New Home Sales

U.S. new home sales fall in January as prices march higher

By | February 24, 2022

Sales of new U.S. single-family homes fell slightly more than expected in January, likely as rising mortgage rates and higher prices sidelined some first-time buyers from the market. New home sales fell 4.5% to a seasonally adjusted annual rate of 801,000 units last month, the Commerce Department said on Thursday. December’s sales pace was revised higher to 839,000… Read More »

U.S. New-Home Sales Rose to Nine-Month High in December

By | January 26, 2022

Purchases rose 11.9% to an 811,000 annualized pace from a revised 725,000 a month earlier, government data showed Wednesday. The median estimate in a Bloomberg survey of economists called for a 760,000 rate. An increase in the number of completed homes over the last two months and prospects of higher interest rates this year as the Federal Reserve… Read More »