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New single-family home sales in November were at a seasonally adjusted annual rate of 664,000, an increase of 5.9% from October, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
New home sales rose from the revised October rate of 627,000 and jumped 8.7% from a year-ago rate of 611,000.
The median sales price of new homes sold in November was $402,600, and the average sales price was $484,800.
New home sales in the Midwest advanced 10% from a year ago to 88,000; in the South, they rose 13.6% More
Dec 25, 2024 -
New orders for manufactured durable goods in November, down three of the last four months, declined from the previous month, led by the weakness in transportation orders.
New orders decreased $3.0 billion, or 1.1%, from the previous month or fell 1.3% from a year ago to $285.1 billion, the U.S. Census Bureau announced today.
This followed a 0.8% October increase.
Excluding transportation, new orders eased 0.1%; excluding defense, new orders fell 0.3%.
Transportation equipment orders, also down three of the last four months, d More
Dec 23, 2024
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