New House Gross sales Enhance to 698,000 Annual Fee in December

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by Calculated Threat on 1/27/2025 10:48:00 AM

In the present day, within the Calculated Threat Actual Property Publication: New House Gross sales Enhance to 698,000 Annual Fee in December

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The Census Bureau reported New House Gross sales in December had been at a seasonally adjusted annual price (SAAR) of 698 thousand. The earlier three months had been revised down barely, mixed.

The following graph exhibits new residence gross sales for 2023 and 2024 by month (Seasonally Adjusted Annual Fee). Gross sales in December 2024 had been up 6.7% from December 2023.

New residence gross sales, seasonally adjusted, have elevated year-over-year in 19 of the final 21 months. That is basically the other of what occurred with current residence gross sales that had been down year-over-year each month for 3+ years (current residence gross sales have been up year-over-year for the final 3 months).

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