Single-family home sales start 2018 lower

By Michael Neal | NAHB

According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, sales of new single-family homes fell by 7.8 percent over the month of January. The decrease in sales partly reflected an upward revision in the December estimate from 625,000 to 643,000. However, sales fell below the 600,000 level to 593,000. Despite the second consecutive decrease in new home sales, the three-month moving average, used to smooth the month-to-month volatility, is a 644,000, near its post-recession high.

READ ON:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
February 2018
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728