Business > U.S.

U.S. new home sales rise to near 14-year high

26 days ago   |   By CNBC

The Commerce Department said on Thursday new home sales rose 4.8% to a seasonally adjusted annual rate of 1.011 million units last month, the highest level since September 2006.
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US new home sales surge to fastest pace since 2006 as housing market shines through pandemic

US new home sales surge to fastest pace since 2006 as housing market shines through pandemic

26 days ago   |   By Business Insider

Summary List Placement
Sales of new US homes accelerated by 4.8% to an annual rate of 1 million units in August, the Census Bureau reported Thursday.
That pace is the highest since 2006 and marks four consecutive months of increasing sales.
The agency's estimate of new homes for sale fell to 282,000, reflecting 3.3 months of supply at the current pace of sales. That's the shortest period in data going back to 1963.
Though the housing market has been one of the few bright spots in the virus-rattled economy, some fear dwindling supply will soon halt the sector's rally.
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Sales of new homes surgeed 4.8% in August

26 days ago   |   By Star Tribune

Sales of new homes rose by a very strong 4.8% in August to a seasonally-adjusted annual rate of 1.01 million units.
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