13.2 C
New York
Monday, November 4, 2024

New Home Sales in Perspective

New Home Sales in Perspective

Courtesy of Jake at Econompic Data

Stabilization? Yes.

But, I’m surprised by the surprise. By that I mean did the market think new home sales would keep declining at that torrid pace? If so, that would have meant negative sales at some point in the near future… not exactly possible.

new home sales

We’re still at levels last seen in 1979. A time at which the U.S. population was roughly 80 million people smaller.

So… good news? Yes, but I wouldn’t argue that this means the worst in overall housing is definitely behind us.

Source: Census

 

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,525FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x