Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

New Home Sales Rise in September
Oct 28, 2008
 Printable format
 Email this Article
 Search

Sales of newly built single-family homes in the United States increased in September, posting a 2.7% gain to a seasonally adjusted annual rate of 464,000 units, according to the U.S. Commerce Department. The report also indicated that builders are making substantial progress in winnowing down the months' supply of unsold units on the market.

The number of new homes for sale shrank to 394,000 units in September, down from 425,000 units in August. At the current sales pace, there was a 10.4 months' supply of unsold new units on the market, versus an 11.4 months' supply in August. Meanwhile, the median number of months that completed new homes have been on the market moved up to 9.1 - a new record.

Regionally, sales activity gained 22.7% in the West and 0.7% in the South in September, but at the same time declined 21.4% in the Northeast and 5.8% in the Midwest.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows