by Calculated Risk on 3/25/2025 11:22:00 AM
Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increase to 676,000 Annual Rate in February
Brief excerpt:
The Census Bureau reported New Home Sales in February were at a seasonally adjusted annual rate (SAAR) of 676 thousand. The previous three months were revised down, combined.
…The next graph shows new home sales for 2024 and 2025 by month (Seasonally Adjusted Annual Rate). Sales in February 2025 were up 5.1% from February 2024.
New home sales, seasonally adjusted, have increased year-over-year in 20 of the last 23 months. This is essentially the opposite of what happened with existing home sales that had been down year-over-year every month for 3+ years (existing home sales have been up year-over-year for the last 4 or the last 5 months).
There is much more in the article.
