May New Home Sales in at 369K [NotSoBreaking] - MarketTicker Forums


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User Info	May New Home Sales in at 369K in forum [NotSoBreaking]
Argos Posts: 6305 Incept: 2008-03-23 The Green Mountain State	Econoday was expecting a reading of 350K. Census Release (.pdf): http://www.census.gov/construction/nrs/p.... 2012-06-25 10:03:13 Permalink
Argos Posts: 6305 Incept: 2008-03-23 The Green Mountain State	Partial quote: Quote: NEW RESIDENTIAL SALES IN MAY 2012 Sales of new single-family houses in May 2012 were at a seasonally adjusted annual rate of 369,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.6 percent (ą12.2%)* above the revised April rate of 343,000 and is 19.8 percent (ą15.2%) above the May 2011 estimate of 308,000. The median sales price of new houses sold in May 2012 was $234,500; the average sales price was $273,900. The seasonally adjusted estimate of new houses for sale at the end of May was 145,000. This represents a supply of 4.7 months at the current sales rate. 2012-06-25 10:06:18 Permalink
Themortgagedude Posts: 8841 Incept: 2007-12-17 saint louis	I guess that's one new home for every newly unemployed worker. ---------- I'm already visualizing you with duct tape over your mouth. 2012-06-25 11:21:29 Permalink
Jazen Posts: 3416 Incept: 2007-07-17 ****cago	I wanna be a knife-catcher. ---------- I hate our Government, but I still love America. 2012-06-25 11:30:45 Permalink