The U.S. Census Bureau said new home sales in November 2018 came in at a seasonally adjusted annual rate of 657,000, crushing the 560,000 consensus forecast.
The forecasts ranged from a low of 535,000 to a high of 581,000, with the actual number coming in way above the high end.
The figure for November is 16.9% higher than the revised October rate of 562,000, but 7.7% below the November 2017 estimate of 712,000.
The median sales price of new houses sold in November 2018 was $302,400. The average sales price was $362,400.
The seasonally‐adjusted estimate of new houses for sale at the end of November was 330,000, representing a supply of 6.0 months at the current sales rate.
The most damning journalistic sin committed by the media during the era of Russia collusion…
The first ecological study finds mask mandates were not effective at slowing the spread of…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…
Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…
Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…
This website uses cookies.