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Category Archives: New Home Sales

The U.S. Real Estate Industry: Standard & Poor’s Addresses The Top Investor Questions

George Skoufis
Director
Real Estate Finance Group, Standard & Poor’s Ratings Services
December 7 - 10:36 am
Comments: 0

Also posted in Homebuilders, Housing Data, Other Housing Data | Tagged | Leave a comment

New Home Sales Dropped By 8.4% To 350,000 In June

Beth Ann Bovino
U.S. Deputy Chief Economist
Standard & Poor’s Ratings Services
July 25 - 2:49 pm
Comments: 1

U.S. new home sales dropped by 8.4% to a 350,000 annualized unit rate in June. This was much weaker than the 369,000 unit rate expected by consensus and our 360,000 unit forecast. However, it comes after the prior three months were upwardly revised to add another 33,000 units to total sales. May sales, in particular, [...]

Also posted in Economic Data | Tagged | 1 Comment

U.S. House Prices Should Generally Rise Going Forward, But Not Without Some Dips

Erkan Erturk
Senior Director, Structured Finance
Standard & Poor’s Ratings Services
July 20 - 9:35 am
Comments: 2

U.S. home prices started to rise in recent months, and Standard & Poor’s Ratings Services expects this to continue into the summer, given the seasonal trends of the past few years. We don’t expect this rise to be uninterrupted, however. Prices will likely dip again later this year as newly foreclosed properties reach the market, [...]

Also posted in Economic Data, Existing Home Sales and Months Supply, Housing Data | 2 Comments

U.S. Existing Home Sales Fell By 5.4% To 4.37 Million Units In June

Beth Ann Bovino
U.S. Deputy Chief Economist
Standard & Poor’s Ratings Services
July 19 - 10:45 am
Comments: 1

U.S. existing home sales fell by 5.4% to an annualized 4.37 million unit rate in June, which was weaker than the 4.62 million units expected by consensus though it comes after May was upwardly revised to 4.62 million units from 4.55 million units previously. Single family sales dropped by 5.1% to a 3.9 million unit [...]

Posted in New Home Sales | Tagged | 1 Comment

U.S. New Home Sales Jump 7.6% To 369,000 Units In May

Beth Ann Bovino
U.S. Deputy Chief Economist
Standard & Poor’s Ratings Services
June 25 - 12:18 pm
Comments: 0

U.S. new home sales jumped by 7.6% over April to 369,000 units in May, which was stronger than the 346,000 unit rate expected by consensus and the best level since April 2010. New home sales are now 19.8% above the 308,000 unit rate seen in May 2011. On a month-over-month basis, the jump in total [...]

Also posted in Housing Data | Tagged | Leave a comment

New Home Sales Rise 3.3% to 343,000 in April

Beth Ann Bovino
U.S. Deputy Chief Economist
Standard & Poor’s Ratings Services
May 23 - 10:23 am
Comments: 0

New home sales advanced 3.3% m/m to an annualized pace of 343,000 units in April, stronger than the 335,000 expected by consensus and after sales for March were revised up to 332,000 from an original reading of 328,000. April sales in the Midwest, West and Northeast reported monthly gains (up 28.2%, 27.5% and 7.7%, respectively), [...]

Also posted in Economic Data | Tagged | Leave a comment

Economic Update: U.S. New Home Sales Fell 1.6% in February

Beth Ann Bovino
U.S. Deputy Chief Economist
Standard & Poor’s Ratings Services
March 23 - 10:31 am
Comments: 0

U.S. new home sales fell 1.6% in February to a 313,000 units pace. The reading was weaker than the 325,000 units expected by consensus and comes after January was revised down to a 318,000 unit pace (was 321,000), though at least December was revised up to a 336,000 unit pace (was 324,000). In contrast to [...]

Also posted in Economic Data, Housing Data | Tagged | Leave a comment

January New Home Sales Fell 0.9% To A 321,000 Pace

Beth Ann Bovino
U.S. Deputy Chief Economist
Standard & Poor’s Ratings Services
February 24 - 10:41 am
Comments: 0

New single-family home sales fell 0.9% to a 321,000 unit pace in January, though comes after the month before was sharply upwardly revised to a 324,000 unit pace (was 307,000 units). The reading was also a bit stronger than the 315,000 unit pace expected by consensus. Sales were mixed across regions, with the Northeast and [...]

Also posted in Economic Data, Housing Data | Tagged | Leave a comment

NEW HOME SALES ROSE 1.6% TO 315,000 UNITS IN NOVEMBER

Beth Ann Bovino
U.S. Deputy Chief Economist
Standard & Poor’s Ratings Services
December 23 - 10:17 am
Comments: 0

November new home sales rose 1.6% to an annualized 315,000 units, which was a bit stronger than the 312,000 expected by consensus, and comes after October sales were upwardly revised to a 310,000 unit reading (was 307,000). New home sales are up 9.8% over last November. By region, the Northeast and the West sale sharp [...]

Also posted in Economic Data, Housing Data | Leave a comment

New Home Sales Plus Foreclosure Data

David Blitzer
Chairman of the Index Committee
S&P Dow Jones Indices
November 28 - 2:01 pm
Comments: 0

October New Home Sales were 307,000 units, up from the revised 303,000 in September but a bit lower than the figure reported last month.  Over the last 13 months new home sales averaged about the same 303,000 units. The inventory represents 6.3 months supply at current sales rates.  The market is, at best, flat and [...]

Also posted in Economic Data, Homebuilders, Uncategorized | Tagged | Leave a comment

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