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New house sales: Ugly and Uglier

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  • New house sales: Ugly and Uglier

    Latest from Commerce: http://www.census.gov/const/newressales_200706.pdf

    Code:
                    May 2006  May 2007  June 2006  June 2007
     
    Median price    $235300   $236100    $231600    $237900
    Avg. price      $294300   $313000    $290600    $316200
    #units sold     1087000    893000    1073000     834000
    Note all numbers except June 2007 are the revised numbers (i.e. final)

    Also note the May and June 2006 numbers were revised twice: for example June 2006: initial 1131000 revised to 1120000 in 7/06, then revised again to 1073000 in 6/07.

    Another interesting trend: in the past several years, there does NOT seem to be any evidence that the summer months are any different sales volume wise with any part of the rest of the year - except slightly vs. January/February.
    Last edited by c1ue; July 26, 2007, 10:03 AM.
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