New Dwelling Gross sales Lower to 716,000 Annual Charge in August; Median New Dwelling Worth is Down 9% from the Peak

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by Calculated Danger on 9/25/2024 11:02:00 AM

As we speak, within the Calculated Danger Actual Property Publication: New Dwelling Gross sales Lower to 716,000 Annual Charge in August

Transient excerpt:

The Census Bureau reported New Dwelling Gross sales in August have been at a seasonally adjusted annual charge (SAAR) of 716 thousand. The earlier three months have been revised up.

The subsequent graph reveals new dwelling gross sales for 2023 and 2024 by month (Seasonally Adjusted Annual Charge). Gross sales in August 2024 have been up 9.8% from August 2023.

New dwelling gross sales, seasonally adjusted, have elevated year-over-year in 16 of the final 17 months.

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