Data Ba-da Bing
11.2 — months supply
4.2 million — number of unsold homes
4.02 million — homes sold on an annual basis
8.6% — drop in sales from a month earlier
10.6% — drop from a year ago
$181,300 — median price, down 13.2% from a year ago
11.5 — months supply of new homes
407,000 — annualized new home sales for November
35.3% — drop from a year ago
$220,000 — median price for a new home, an 11.5% drop from November 2007
- Here’s the Wall Street Journal take on the data.
- Take a look, too, at Calculated Risk’s analysis of existing homes data and new homes data.
- Here’s Calculated Risk’s update on new housing data releases. Big stinking revelation here: numbers for 2008 new home sales are the worst they’ve been since the Census started tallying the number in 1963.
Sources: National Association of Realtors, U.S. Commerce Department, and U.S. Census.
December 23, 2008 | Filed Under Home Builders, Prices
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