by Calculated Threat on 10/24/2024 10:54:00 AM
Immediately, within the Calculated Threat Actual Property Publication: New House Gross sales Enhance to 738,000 Annual Charge in September
Transient excerpt:
The Census Bureau reported New House Gross sales in September had been at a seasonally adjusted annual price (SAAR) of 738 thousand. The earlier three months had been revised down.
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The subsequent graph reveals new residence gross sales for 2023 and 2024 by month (Seasonally Adjusted Annual Charge). Gross sales in September 2024 had been up 6.3% from September 2023.New residence gross sales, seasonally adjusted, have elevated year-over-year in 17 of the final 18 months.
Observe that that is the alternative of Present House gross sales which have been down year-over-year for thirty-seven consecutive months!
There’s far more within the article.