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Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand, offering more evidence that the housing market recovery was faltering. But ...
New home sales. New home sales is an economic indicator which records sales of newly constructed residences in the United States of America. The United States Census Bureau publishes new home sales statistics monthly on their website. Statistics are reported as unadjusted monthly rates and seasonally adjusted annual rates.
Every month, the U.S. Census Bureau releases a report called New Home Sales. The moment it arrives, investors, financial journalists, lawmakers, central bankers and economists begin poring over it ...
U.S. Treasury prices rose. The median new house price increased 6% to $430,700 from February. That was the highest level since last August. Prices, however, slipped 1.9% from a year ago. Most of ...
Robert J. Shiller. Robert James Shiller (born March 29, 1946) [4] is an American economist, academic, and author. As of 2022, [5] he served as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management 's International Center for Finance. [6] Shiller has been a research associate of the National Bureau ...
Auction theory is an branch of applied economics that deals with how bidders act in auctions and researches how the features of auctions incentivise predictable outcomes. Auction theory is a tool used to inform the design of real-world auctions. Sellers use auction theory to raise higher revenues while allowing buyers to procure at a lower cost.
New single-family home sales increased 4.1 percent from March to April and were up by 11.8 percent from a year ago, according to data released by the Census Bureau on Tuesday. Sales were at a ...
New home sales dropped 2.5% to a seasonally adjusted annual rate of 697,000 units last month, the Commerce Department said on Wednesday. May's sales pace was revised lower to 715,000 units from ...