(Repeats to additional subscribers)
Jan 27 (BestGrowthStock) – U.S. Commerce Department reported sales of new single-family homes, seasonally adjusted, with percent changes from prior month (numbers in 1,000s).
Pct Dec Nov (Prev) Oct (Prev) Dec08
Total Units -7.6 342 370 355 408 400 374
By Region: Pct Dec Nov (Prev) Oct (Prev)
Northeast 42.9 40 28 29 33 30
Midwest -41.1 43 73 68 56 56
South -7.3 178 192 179 224 227
West 5.2 81 77 79 95 87
Total December sales of new single-family homes fell 8.6 percent from December 2008.
In 1,000s: Dec Nov (Prev) Oct (Prev)
Actual Units Sold 23 26 25 33 33
Sales Prices:
Mean 290.6 270.0 280.3 262.2 255.9
Median 221.3 210.3 217.4 213.7 209.4
Note-Actual number of new single-family units sold is not seasonally adjusted.
Monthly percent changes of total sales, seasonally adjusted, from prior months as follows:
Nov (Prev) Oct (Prev) Sep (Prev)
Total Units -9.3 -11.3 4.3 1.8 -4.2 -3.7
Number of Months: Dec Nov (Prev) Oct (Prev)
Supply of Homes 8.1 7.6 7.9 7.1 7.2
1,000 units: Dec Nov (Prev) Oct (Prev)
End-Month Inventory 231 235 235 242 240
FORECAST:
Reuters survey of economists forecast:
U.S. Dec single-family home sales 370,000 units
Investing Basics
RPT-TABLE-U.S. Dec single-family home sales fell 7.6 pct