Return to the Household Finances Forum | Post a Follow-Up

 o
New Home Inventory: Origin of Stats?

Posted by chisue (My Page) on
Thu, Mar 26, 09 at 10:13

I've read that there's a year's supply of unsold new homes. Where does that number come from? Self-reporting by large builders/developers?


Follow-Up Postings:

 o
RE: New Home Inventory: Origin of Stats?

Sue,

The numbers come jointly from the US Census Bureau & HUD.

/tricia

Here is a link that might be useful: New Home Sales


 o
RE: New Home Inventory: Origin of Stats?

Those are some verrrry interesting tables, albit gloomy ones. The increase in inventory is 28.8% year over year (Feb. 2008/Feb. 2009). Months on market are creeping up too -- no surpirse.

Also interesting, the authority's disclaimer that it takes FIVE MONTHS to extablish a trend in new home sales.


 o Post a Follow-Up

Please Note: Only registered members are able to post messages to this forum.

    If you are a member, please log in.

    If you aren't yet a member, join now!


Return to the Household Finances Forum

Information about Posting

  • You must be logged in to post a message. Once you are logged in, a posting window will appear at the bottom of the messages. If you are not a member, please register for an account.
  • Please review our Rules of Play before posting.
  • Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review your post, make changes and upload photos.
  • After posting your message, you may need to refresh the forum page in order to see it.
  • Before posting copyrighted material, please read about Copyright and Fair Use.
  • We have a strict no-advertising policy!
  • If you would like to practice posting or uploading photos, please visit our Test forum.
  • If you need assistance, please Contact Us and we will be happy to help.


Learn more about in-text links on this page here