TABLE-U.S. Dec single-family home sales fell 7.6 pct

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 Research

TABLE-U.S. Dec single-family home sales fell 7.6 pct