Sales of newly built homes reverse course, drop nearly 9% in August
PUBLISHED TUE, SEP 26 202311:35 AM EDTUPDATED TUE, SEP 26 202312:37 PM EDT
By: Diana Olick
New home sales in August fell short of expectations
Sales of newly built homes fell 8.7% in August from July to a seasonally adjusted annualized pace of 675,000 units, according to the U.S. Census Bureau.
That is the slowest pace since March. Sales were still 5.8% higher than August 2022.
Visit my website at: https://www.anastasiakaufman.com/
Here’s my Facebook Account: https://www.facebook.com/AnastasiaRealtor/
Anastasia Kaufman, GRI,ABR,SFR,CDPE,SRS
Cell: 401-338-2749
Email: Anastasia@anastasiakaufman.com
Categories
Recent Posts
The 5-Mile Hamptons Street Driving Hundreds of Millions in Home Sales
What Elon Musk Bought and Sold During His Quest to ‘Own No House’
Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Fed holds interest rates steady: Here’s what that means for credit cards, savings rates, mortgages and car loans
🎉🎉🎉UNDER CONTRACT: 125 Old Mendon Road, Cumberland, RI 02864
The 5-Mile Hamptons Street Driving Hundreds of Millions in Home Sales
What Elon Musk Bought and Sold During His Quest to ‘Own No House’
Zillow continues turning on the lights: Introducing Zillow Preview
Home sales surged in May to the highest level since December
🎉🎉🎉UNDER CONTRACT: 7 Eagle Drive, Dartmouth, MA 02748