New Dwelling Gross sales Enhance to 664,000 Annual Fee in November

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by Calculated Danger on 12/23/2024 10:49:00 AM

Right now, within the Calculated Danger Actual Property E-newsletter: New Dwelling Gross sales Enhance to 664,000 Annual Fee in November

Temporary excerpt:

The Census Bureau reported New Dwelling Gross sales in November had been at a seasonally adjusted annual price (SAAR) of 664 thousand. The earlier three months had been revised up, mixed.

The subsequent graph reveals new residence gross sales for 2023 and 2024 by month (Seasonally Adjusted Annual Fee). Gross sales in November 2024 had been up 8.7% from November 2023.

New residence gross sales, seasonally adjusted, have elevated year-over-year in 18 of the final 20 months. Notice that gross sales the earlier month – October 2024 – had been impacted by the hurricanes.

There’s rather more within the article.

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