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Tag Archives: New Home Sales

New Home Sales Skyrocket to an 8-Year High

New single-family home sales did something remarkable this month. Sales in this sector rose significantly month-over-month and year-over-year to reach the highest level since 2008 despite falling inventory levels.

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The Week Ahead: GDP Growth in the Spotlight

The Bureau of Economic Analysis (BEA) will release the second of three estimates for the nation's first quarter GDP growth this week. In the advance estimate for the first quarter released in late April, the BEA reported GDP growth to be a weak 0.5 percent.

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The Week Ahead: A Tough Road for Home Sales

Last month, new single-family home sales failed to impress, dropping nearly 10 percent, while existing-home sales saw little movement. Many in the industry are a bit skeptical of a turnaround this month due to a lack of inventory.

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