Al Scalzo’s Post

April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity.

Pending Home Sales Rose 1.6% in February

Pending Home Sales Up 1.6% in February

Pending Home Sales Up 1.6% in February

The Midwest and South regions lead the way with monthly gains in pending home sales! Find out how different regions fared in February and what it means for buyers and sellers.

Pending Home Sales Up 4.8% in June

New home sales rose 1.5% in January to a seasonally adjusted annual rate of 661,000 units. That pace is just under the 2023 sales rate, when 666,000 new homes were sold. The number of completed new homes for sale at the end of January stood at 80,000, the highest level since the onset of the pandemic. In January 2023, 67,000 completed new homes were on the market. https://bit.ly/3P07tOK

NEW HOME SALES, January 2024 • US JANUARY NEW HOME SALES 661,000 ANNUAL RATE --- Est 684K • RISING 1.5% M/M --- Est +3.0% • And 1.8% ABOVE JANUARY 2023 ESTIMATE of 649,000 • MEDIAN SALES PRICE was $420,700 • AVERAGE SALES PRICE was $534,300 • CURRENT ESTIMATED NEW HOME SUPPLY is 8.3 months at the current sales rate #newhomesales

New Home Sales 01/25/2024 10:00 AM EST Sales of new single-family houses in December 2023 were at a seasonally adjusted annual rate of 664,000. This is 8.0 percent (+/- 24.2%)* above the revised November 2023 estimate of 615,000. December 2023: +8.0* % Change November 2023 (r): -9.0* % Change

New home sales rose 1.5% in January to a seasonally adjusted annual rate of 661,000 units. That pace is just under the 2023 sales rate, when 666,000 new homes were sold. The number of completed new homes for sale at the end of January stood at 80,000, the highest level since the onset of the pandemic. In January 2023, 67,000 completed new homes were on the market. https://bit.ly/49KINSI