New Home Sales: June 2011
Today, the U.S. Census Department released its monthly New Residential Home Sales Report for June showing a monthly decline with sales falling 0.95% since May but increasing 1.63% from June 2010 and remaining at an epically low level of 312K SAAR units.It's important to recognize that the inventory of new homes has now fallen to a new series low at 164K units, lowest level seen in in at least 47 years while the median number of months for sale increased to 9.9.
The monthly supply declined to 6.3 months while the median selling price increased 7.15% and the average selling price increased 4.79% from the year ago level.
The following chart show the extent of sales decline to date (click for full-larger version).
Labels: economy, housing collapse, new home sales
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posted by SoldAtTheTop at
9:37 AM
2 Comments:
That graph makes me want to vomit.
va foreclosed home
By
Marcus, at 4:14 AM
The best feature of the thing should be elaborated property if you want to sell it. This same happen in terms to the property and houses .The description of the area, locality, and sight scenes motivate people to buy the property in the price disclosed by the owner.
By
Lake Placid Vacation Rentals, at 1:07 AM
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