The February 2017 New Residential Single Family Home Sales increased by 6.1%. Monthly sales increased by 34,000 annualized units to 592,000 for the month. Annual sales have increased 12.8%. Sales were 525,000 a year ago.
The April 2016 New Residential Single Family Home Sales increased by an astounding 16.6% from March. The monthly gain is also unusually outside the ±15.4% margin of error. Monthly sales increased by 88,000 annualized units to 619,000 for the month. This is the highest monthly percentage gain in 24 years and new home sales are now at an eight year high. Sales were 545,000 a year ago.
The February 2016 New Residential Single Family Home Sales increased by 2.0%. Don't get too excited as the ±18.8% error margin is way larger than the actual monthly gain. Monthly sales increased by 10,000 annualized units to 512,000 for the month. Annual sales have contracted by -6.1%. Sales were 545,000 a year ago. The annual -6.1% sales change has a ±17.9% error margin.
The September 2015 New Residential Single Family Home Sales plunged by -11.5%. Sales dropped by 61,000 annualized units to 468,000 for the month. August was significantly revised downward from 552 thousand to 529 thousand sales. The plunge took annual growth from 21.6% as reported last month to only 2.0% growth from the 459,000 year ago sales levels.
The August 2015 New Residential Single Family Home Sales increased by 5.7%. Sales jumped up by 30,000 annualized units to 552,000 for the month. July was significantly revised upward from 507 thousand to 532 thousand sales. These are levels not seen since February 2008. For the year, new single family home sales are up 21.6% from the year ago 454,000 sales levels.
The June 2015 New Residential Single Family Home Sales plunged -6.8%. Sales dropped from 517,000 to 482,000 for the month. For the year, new single family home sales are up 18.1% from the year ago 408,000 sales levels. The annual increase is equal to the ±18.1% margin of error.
The April 2015 New Residential Single Family Home Sales surged 6.8% to 517,000 in annualized sales. For the year, new single family home sales are up 26.1% from the year ago 410,000 sales levels. The annual increase is well above the ±15.4% margin of error. In no uncertain terms people are buying up new homes again.
The January 2015 New Residential Single Family Home Sales decreased -0.2% to 481,000 in annualized sales. This change is maintaining six year highs and this month is well within the statistical error margin of ±22.2%. . For the year, new single family home sales are up 5.3% from the January 2014 457,000 sales levels.
The December New Residential Single Family Home Sales increased 11.6% to 481,000 in annualized sales. This change is well within the statistical error margin of ±16.5%, but the highest level in six years. New home sales are notorious to be revised so while this surge seems strong, the figure to pay attention to is the annual sales.
January 2014 New Residential Single Family Home Sales increased 9.6% to 468,000 in annualized sales. This change is well within the statistical error margin of ±17.9%. This is the highest level of new home sales since July 2008. New single family home sales are now just 2.2% above January 2013 levels, but this figure has a ±20.2% margin of error.
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