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new home sales

CHART OF THE DAY: New home sales continue to rise

Feb. 24, 2021 by Troy Merkel

The demand for new homes continues to be high as Americans take advantage of low interest rates and flee cities in search of more room. Sales of new homes in January increased by 4.3% month over month, exceeding expectations and climbing to a seasonally adjusted annual rate of 923,000, the Commerce Department reported on Wednesday. At the same time, ... READ MORE >

CHART OF THE DAY: New home sales bounce back

Jan. 28, 2021 by Troy Merkel

New home sales bounced back to 842,000 in December, representing a 1.8% increase over the previous month, the Commerce Department reported on Thursday. The 11% month-over-month decline in November was a jarring halt to the red-hot housing market that had new home sales in excess of 949,000 from July through October. While many saw that decline as a ... READ MORE >

CHART OF THE DAY: New home sales continue to surge

Sep. 24, 2020 by Nick Grandy

Sales of new homes have continued to reach new heights, increasing by 4.8% to a seasonally adjusted rate of a little more than 1 million for August – the first time new home sales had eclipsed that mark since 2006. Compared to the same period a year earlier, sales surged 43.2%, according to data released from the U.S. Census Bureau on ... READ MORE >

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About The Real Economy Blog

The Real Economy Blog from RSM US LLP was developed to provide timely economic insights about the middle market economy. It is offered as a complement to RSM’s macroeconomic thought leadership, including The Real Economy monthly publication and the proprietary RSM US Middle Market Business Index (MMBI).

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The Real Economy Blog
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