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Will US new home sales exceed 716,000 units in October 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
US Census Bureau monthly new residential sales report
Story
US New Home Sales Reach 716,000 Units in August, Beating Estimates
Sep 25, 2024, 02:00 PM
The US new home sales for August reached an annualized rate of 716,000 units, surpassing the estimated 700,000 units. This figure, however, represents a decrease from the previous month's sales of 751,000 units. The August reading was initially expected to show a 5.3% month-on-month decline. The sales were also compared to an estimate of 699,000 units and a prior figure of 739,000 units.
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