by Calculated Risk on 5/23/2025 10:59:00 AM
Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increase to 743,000 Annual Rate in April
Brief excerpt:
The Census Bureau reported New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 743 thousand. The previous three months were revised down significantly, combined.
…The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). Sales in April 2025 were up 3.3% from April 2024.
New home sales, seasonally adjusted, have increased year-over-year in 19 of the last 25 months. This is essentially the opposite of what happened with existing home sales that had been down year-over-year for 41 of the last 44 months.
There is much more in the article.