Home sales data for 1st month of the HST rebate window is out. Here’s what the numbers show
A total of 1,100 new homes were sold in the GTA in April, according to data compiled by Altus Group for the Building and Industry and Land Development Association (BILD). That’s nearly triple what it was this time last year, when 384 new homes were sold.
https://www.cbc.ca/news/canada/toronto/april-new-home-sale-data-hst-rebate-9.7213031?cmp=rss

US New Home Sales in Sep rose 4.1% MoM to 738K, exceeding the forecast of 719K and the previous figure of 709K. This positive trend signals resilience in the housing market despite ongoing challenges.

#US #NewHomeSales #HousingMarket #USEconomy

U.S. New Home Sales in Aug reached 716K, above the 699K forecast but below July's 751K.

U.S. New Home Sales declined -4.7% MoM in Aug, following a strong 10.3% rise in July.

#HousingMarket #RealEstate #USEconomy #US #NewHomeSales

#US new home sales for May came in at 619K, below the consensus of 636K and down from the previous 698K. MoM, sales fell by 11.3%, a significant drop from the previous 2.0%. #NewHomeSales #USEconomy
In April, #US #NewHomeSales were 634K, falling short of the 677K consensus and down from the previous 665K. Month-over-month, new home sales decreased by 4.7%, compared to a previous increase of 5.4%. #Economy
#NewHomeSales for March exceeded expectations, with 693,000 sales compared to the consensus of 668,000 and the previous month's figure of 637,000. The MoM change for March showed a significant increase of 8.8%, compared to the previous month's decline of -5.1%. #US
In January, US New Home Sales came in at 661K, below the forecasted 680K but higher than the previous 651K. Additionally, New Home Sales on a monthly basis for January rose by 1.5%, falling short of the forecasted 3.0% and significantly lower than the previous 7.2%. #USD #NewHomeSales
We followed the New Home Sales data for December from the United States. The data was announced at 664K, surpassing both the market expectation of 645K and the previous level of 615K. #NewHomeSales #USRealEstate #DecemberData #HousingMarket #MarketExpectations #EconomicIndicators #DataRelease #HousingTrends #EconomicOutlook
Continuation of a busy trading day, we will follow the New Home Sales December data from the US side. #MarketWatch #NewHomeSales #USData #EconomicIndicators
Growth data for the last quarter of 2023, December durable goods orders data and wholesale inventories data, weekly unemployment benefit applications, and new home sales data for December will be important to follow from the US today. American Airlines (AAL), Southwest Airlines (LUV), Visa (V), and Intel (INTC) financials will also be monitored today. #EconomicData #GrowthData #DurableGoods #Unemployment #NewHomeSales #WholesaleInventories #USFinance #FinancialReports #CorporateEarnings #Stocks