Items Tagged with 'Seasonally adjusted annual rate'

ARTICLES

  • New Home Sales Slide in May

    New single-family houses sold at a seasonally adjusted annual rate of 342,000 units in May, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development, down 0.6% from April.
    Read More
  • New Home Sales Up, Inventory Down

    New home sales ticked up 0.3% in April from last month's revised rate as buyers continued to work through months of inventory for sale. April saw a seasonally adjusted annual rate of 352,000 new units sold, 34% below the sales rate seen in April '08, according to a joint release published today by the US Census Bureau and the Department of Housing and Urban Development (HUD).
    Read More
  • Housing Starts Plummet

    Housing starts plunged 12.8% from the revised estimate in March to a seasonally adjusted annual rate of 458,000 after dropping 10.8% the previous month, according to data released today by the US Commerce Department. These starts, annualized based on the monthly rate, sit 54.2% below the revised April 08 rate of 1.001m.
    Read More
  • New Home Sales Post 'Phantom' Increase

    Yesterday, the Commerce Department released its New Residential Sales report, which seemed to show a surprising gain in new home sales -- but only after a surprisingly large downward revision to previous sales numbers. From the report:
    Read More