New Residential Sales Release by the US Census Bureau

New Residential Sales

U.S. Census Bureau sent this bulletin at 12/23/2016 10:32 AM EST

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New Residential Sales
12/23/2016 10:00 AM EST

Sales of new single-family houses in November 2016 were at a seasonally adjusted annual rate of 592,000. This is 5.2 percent (+/- 14.1%)* above the revised October 2016 estimate of 563,000.

November 2016: +5.2* % change
October 2016 (r): -1.4* % change

(*) The 90% confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

(°) Statistical significance is not applicable or not measurable for these surveys. The Manufacturers’ Shipments, Inventories and Orders estimates are not based on a probability sample, so we can neither measure the sampling error of these estimates nor compute confidence intervals.

(r) Revised.

All estimates are seasonally adjusted except for the Rental Vacancy Rate, Home Ownership Rate, Quarterly Financial Report for Retail Trade, and Quarterly Services Survey. None of the estimates are adjusted for price changes.

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