New single-family home sales spiked last month, according to a release issued by the U.S. Census Bureau and the Department of Housing and Urban Development. September’s numbers have reached their highest level since April 2010, when a first-time buyer tax credit gave sales got a boost, Reuters reported.

Sales gained 5.7 percent in September to a seasonally adjusted rate of 389,000 units. August’s number initially came in at 373,000 units, as The Real Deal previously reported, but was revised down to 368,000. Year-over-year, September’s seasonally adjusted rate shows a 27.1 percent year-over-year gain. [more]

The housing market still has a pulse, experts say. Purchases of new U.S. single-family homes slipped 0.3 percent month-over-month and 27.7 percent year-over-year to a seasonally adjusted rate of 373,000 in August, according to data released today by the U.S. Census Bureau and the Department of Housing and Urban Development. Despite the slight fall from July, when the revised rate came in at 374,000, the numbers remain close to the two-year high. [more]

Tom Porcelli, RBC’s chief economistShowing some positive signs, the number of nationwide sales of newly built, single-family homes posted a 3.6 percent month-over-month rise in July, according to data released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Homes were sold at a seasonally adjusted rate of 372,000 (see video after the jump)…. [more]

Nationwide sales of new single-family homes plummeted 8.4 percent in June, according to data released today by the U.S. Census Bureau and the Department of Housing Preservation and Development. Homes were sold at a seasonally adjusted annual rate of 350,000, which remains 15.1 percent above the rate during June 2011 (see video after the jump).

This month’s dramatic decline offsets a huge increase reported in May that ballooned by an additional 3.5 percent, to 382,000, in a revised estimate released today, exacerbating the sales declines…. [more]

A McMansion

McMansions, a housing type left for dead following the real estate crash, powered yesterday’s positive new home sales report, builders told the Wall Street Journal. During the recession the average size of U.S. homes shrunk 3.4 percent to 2,382 square feet, but in 2011 the average size actually grew 5.2 percent to 2,505 square feet. [more]

Based on last months’ new homes sales data, the housing recovery is still on shaky ground. According to the U.S. Commerce Department, sales of new single-family homes fell 1.6 percent between January and February to a seasonally adjusted annual rate of 313,000. That is 11.4 percent above February 2011′s figure, but the lowest recorded since October. [more]

Sales of new homes in January decreased from a December crescendo, but remained far above last year’s levels, according to a report released today by the U.S. Census Bureau and the Department of Housing and Urban Development.

Twenty-two thousand new homes were sold in January, for a seasonally adjusted annual rate of 321,000, 0.9 percent less than the adjusted rate from December, but 3.5 percent greater than the rate in January 2011. [more]

Sales of newly built, single-family homes declined 2.3 percent to a seasonally adjusted annual rate of 295,000 units in August, according to data from the U.S. Commerce Department released today, a decline from 302,000 in July.

The inventory of new homes for sale fell to 162,000 units in August, a new record low. However, due to the slower sales pace, the month’s supply of new homes rose slightly, to 6.6 percent. -- Miranda Neubauer
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After a positive April, new U.S. home sales fell by 2.1 percent in May 2011, according to data released today by the Department of Commerce. Sales of new single-family homes were at a seasonally adjusted annual rate of 319,000, still 13.5 percent more than the 281,000 rate achieved in May 2010. This month’s tally marks the third best rate of home sales recorded in the last 13 months, but continues the up-and-down trend of new home sales experienced over the last year. … [more]

In a small boost for the flailing housing market, U.S. sales of new single-family homes rose by 11.1 percent in March 2011 to 300,000, exceeding the appalling February low of 270,000. They still fell, however, 21.9 percent lower than the same figures last year, according to data released today by the Commerce Department. The median sales price of new homes sold in March 2011 was $213,800 compared with $207,700 in February; the average sales price was $246,800. The seasonally adjusted estimate of new homes for sale at the end of March was 183,000. That represents a supply of 7.3 months at the current sales rate. Sales were up 66.7 percent in the Northeast, and down only 0.6 percent in the South since February.TRD
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