New Residential Sales

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01/26/2017 10:00 AM EST

Sales of new single-family houses in December 2016 were at a seasonally adjusted annual rate of 536,000. This is 10.4 percent (+/- 12.2%)* below the revised November 2016 estimate of 598,000.


December 2016: -10.4* % change
November 2016 (r): +4.7* % change

 

With the January 2017 New Residential Sales release on February 24, 2017, the presentation of the release will change. The text portion of the release will be removed from Excel. The text and tables will be reformatted and will be available as a PDF, with the tables available separately in Excel. To see the new release, visit www.census.gov/construction.nrs/.

 

 (*) 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.