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【HUD】November 2018 US National Housing Market Indicators

【HUD】November 2018 US National Housing Market Indicators

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U.S. Department of Housing and Urban Development

Purchases of new homes fell to their weakest pace since March 2016. New single-family home sales slumped 8.9 percent to 544,000 (SAAR) in October from an upwardly revised pace of 597,000 in September. Purchases were 12.0 percent lower than a year ago and were down in all regions of the country. The sales decline in the South (-7.7 percent) may partially reflect the damage and recovery efforts from Hurricane Michael, which made landfall in Florida and other southeastern states in mid-October. Note that monthly data on new home sales can be volatile and are often revised. (Sources: HUD and Census Bureau).

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