June residential sales jumped 25% from 2015, says Census Bureau/HUD

Posted by:

Mortgage rates have been at rock-bottom for longer than anyone expected — but are consumers taking advantage of the economic boon to buy a home? Specifically, a new home? The latest data from the U.S. Census Bureau and Department of Housing and Urban Development (HUD) indicate that sales are certainly stronger than last year, at least. Today’s New Residential Sales report, recapping data from June 2016, shows that sales of new single-family homes were at a seasonally adjusted annual rate of 592, …



Add a Comment