New-Home Sales Fall In October As Recovery Remains Choppy

Printer-friendly version
November 23, 2016

New-home sales dipped in October, and downward revisions to sales data from prior months continue to point to a market moving very slowly. Sales ran at a seasonally adjusted annual rate of 563,000, the U.S. Department of Commerce said, down 1.9 percent from the 574,000 pace set in September, which was revised down from 593,000. Since the recession, home builders haven’t ramped up construction of new homes to levels that many analysts believe would nurture a healthier market.

Read more

Add new comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd> <img>
  • Lines and paragraphs break automatically.
  • Captions may be specified with [caption]<img src="example.png">Image caption[/caption]. Items can be aligned with [caption align=left].

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
By submitting this form, you accept the Mollom privacy policy.

Comments on: "New-Home Sales Fall In October As Recovery Remains Choppy"

August 2017

This Month in Professional Builder

Products
Features

The home is named for the way light bounces off floors and...

Overlay Init