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Dennis Norman New homes were started in November at an annual rate of 482,000 homes and I asked why in my post last week since new home construction was already outpacing sales….well, today the gap got worse.. This morning the U.S. Department of Commerce released a report showing the sale of New Homes in November were [...] Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in October were at a seasonally adjusted annual rate of 430,000, a 6.2 percent increase from the revised September rate of 405,000 and is 5.1 percent above a year ago. My Mantra As has been my long-running mantra, I [...] Dennis Norman By: Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes here in the Midwest region in August were at a seasonally adjusted annual rate of 49,000 units, a 5.8 percent decrease from July’s revised annual rate of 52,000 units (originally reported as 61,000 in July) and is [...] Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes here in the Midwest region in July were at a seasonally adjusted annual rate of 61,000 units, a 7.6 percent decrease from Junes annual rate of 66,000 units. The U.S. as a whole saw a 9.6 percent [...] Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in June were at a seasonally adjusted annual rate of 384,000, an 11% increase across the US from May. However, here in the Midwest the numbers were significantly better showing a seasonally adjusted annual rate of 73,000 new homes sales [...] |
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