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Wednesday, November 20, 2019
HomeNewsEconomyNew Home Sales Dip Less than Expected, Beating Consensus Forecast for September

New Home Sales Dip Less than Expected, Beating Consensus Forecast for September

An exchange showing one hand giving cash to the another for new house and keys, a vector illustration for new home sales. (Photo: AdobeStock)

New Residential Sales Report Surprisingly Solid and Stable

The new residential sales report showed single-family new home were a seasonally adjusted annual rate of 701,000 in September, beating the consensus forecast.

The report is jointly released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD).

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Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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