Tuesday, January 11, 2011

New Home Sales

1) I believe that anyone who was interested in buying a new home would be very interested in this statistic. This would help their decision whether or not they should invest in a new house at this time.

2) These statistics are estimated from sample surveys. They are taken once a month. They are collected by the U.S. Census Bureau and the Department of Housing and Urban Development.

3) Sales of new single-family houses in November 2010 were at a seasonally adjusted annual rate of 290,000. This is 5.5 above the revised October rate of 275,000, but is 21.2 percent below the November 2009 estimate of 368,000. This means that it may not be the best time to be buying a new house.


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