Posted on 08/26/2003 7:07:22 AM PDT by Starwind
US July new home sales fell 2.9 pct
Tuesday August 26, 10:01 am ET
WASHINGTON, Aug 26 (Reuters) - U.S. Commerce Department Reported sales of new single-family homes, seasonally adjusted, with percent changes from prior month (numbers in 1,000s). . Pct Jul Jun (Prev) May (Prev) Jul'02 Total Units -2.9 1,165 1,200 1,160 1,108 1,108 961 By Region: Pct Jul Jun (Prev) May (Prev) Northeast -20.8 61 77 86 65 65 Midwest 17.3 230 196 190 166 173 South 1.1 572 566 537 545 532 West -16.3 302 361 347 332 338 Total July sales of new single-family homes rose 21.2 percent from July 2002. In 1,000s: Jul Jun (Prev) May (Prev) Actual Units Sold 100 107 104 103 103 Sales Prices: Mean 256.0 236.3 243.5 242.6 245.8 Median 191.5 184.7 187.0 194.9 197.6 Note-Actual number of new single-family units sold is not seasonally adjusted. Monthly percent changes of total sales, seasonally adjusted, from prior months as follows: . Jun (Prev) May (Prev) Apr (Prev) Total Units 8.3 4.7 10.4 10.9 -0.4 -0.9 Number of Months: Jul Jun (Prev) May (Prev) Supply of Homes 3.5 3.5 3.6 3.8 3.7 1,000 units: Jul Jun (Prev) May (Prev) End-Month Inventory 338 340 345 342 341 FORECAST: Reuters survey of economists forecast: U.S. July new home sales annual rate of 1.150 million units
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