New Residential Sales drop in Residents show on Horizon Lower Home Prices and future Bank Loses

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From: "U.S. Census Bureau" <census@subscriptions.census.gov>
Date: Apr 23, 2015 10:14 AM
Subject: New Residential Sales
To: <guyperea1@gmail.com>
Cc:

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New Residential Sales

04/23/2015 10:01 AM EDT

Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000. This is 11.4 percent (+/- 18.6%)* below the revised February 2015 estimate of 543,000.

March 2015: -11.4* % change
February 2015 (r): +5.6* % change

 

 (*) 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, and Quarterly Financial Report for Retail Trade. None of the estimates are adjusted for price changes.

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