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PrintJuly 29, 2010
Graph of the Day for July 29, 2010
"New home sales rebound 24% -- New home sales rebounded in June from the record low hit the previous month but remained sluggish. New home sales increased 23.6% to a seasonally adjusted annual rate of 330,000 last month, up from an downwardly revised 267,000 in May, the Commerce Department reported Monday. Sales year-over-year fell 16.7%." CNN Money, July 26, 2010.
Source: St. Louis Fed/FRED.
Hoven's Index for July 29, 2010
Month of fewest new home sales (seasonally adjusted annual rate) since 1962 and prior to May 2010: September 1981
New home sales that month (Sept. 1981): 338,000
In May 2010: 267,000
In June 2010: 330,000
Source: St. Louis Fed/FRED.
Graph of the Day Archive.
