new home sales
U.S. JULY NEW HOME SALES BELOW 1.10 MILLION EXPECTED
U.S. NEW HOME INVENTORIES UP 22.4% YEAR-OVER-YEAR
U.S. NEW HOME SALES DOWN 21.6% YEAR-OVER-YEAR
U.S. JULY NEW HOME MEDIAN PRICE 0.3% Y-OY
U.S. JULY NEW HOME INVENTORIES 6.5-MONTHS, 11-YEAR HIGH
U.S. JULY NEW HOME SALES FALL 4.3% TO 1.07 MILLION PACE
Washington (MarketWatch) - Sales of new homes dropped 4.3% in July to a seasonally adjusted annual rate of 1.07 million, the Commerce Department said Thursday. Inventories of unsold homes rose to an 11-year high, while median prices flattened out. New-home sales are down 21.6% in the past year. July's sales were much lower than the 1.10 million expected by economists surveyed by MarketWatch. Inventories of unsold homes rose 1.1% to a record 568,000 in July, representing a 6.5-month supply at the July sales rate. The median sales price in July was up 0.3% year-over-year to $230,000.
normalerweise sind die zahlen ja schon grausam genug. möchte aber zusätzlich darauf hinweisen das im median price nicht die ganzen "incentives" (upgrades, günstigere finanzierung etc)eingerechnet sind. denke das inklusive der massiven incentives der einbruch dort wohl dast zweistellig sein müßte. inflationsbereinigt in jedem fall. diese zahlen sind in der tat ein desaster
klar das der markt nach oben geht.......
klasse grafiken und mehr http://calculatedrisk.blogspot.com/2006/08/july-new-home-sales-1072-million.html
gruß
jan-martin
U.S. NEW HOME INVENTORIES UP 22.4% YEAR-OVER-YEAR
U.S. NEW HOME SALES DOWN 21.6% YEAR-OVER-YEAR
U.S. JULY NEW HOME MEDIAN PRICE 0.3% Y-OY
U.S. JULY NEW HOME INVENTORIES 6.5-MONTHS, 11-YEAR HIGH
U.S. JULY NEW HOME SALES FALL 4.3% TO 1.07 MILLION PACE
Washington (MarketWatch) - Sales of new homes dropped 4.3% in July to a seasonally adjusted annual rate of 1.07 million, the Commerce Department said Thursday. Inventories of unsold homes rose to an 11-year high, while median prices flattened out. New-home sales are down 21.6% in the past year. July's sales were much lower than the 1.10 million expected by economists surveyed by MarketWatch. Inventories of unsold homes rose 1.1% to a record 568,000 in July, representing a 6.5-month supply at the July sales rate. The median sales price in July was up 0.3% year-over-year to $230,000.
normalerweise sind die zahlen ja schon grausam genug. möchte aber zusätzlich darauf hinweisen das im median price nicht die ganzen "incentives" (upgrades, günstigere finanzierung etc)eingerechnet sind. denke das inklusive der massiven incentives der einbruch dort wohl dast zweistellig sein müßte. inflationsbereinigt in jedem fall. diese zahlen sind in der tat ein desaster
klar das der markt nach oben geht.......
klasse grafiken und mehr http://calculatedrisk.blogspot.com/2006/08/july-new-home-sales-1072-million.html
gruß
jan-martin
4 Comments:
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THbzFk Thanks to author.
Nice Article.
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