New Home Sales Remain Elevated Into Q4 2012

According to the Commerce Department, New Home Sales slipped 1,000 units last month, falling to 368,000 units on a seasonally-adjusted, annualized basis.

New Home Supply Remains Firmly In “Seller’s Market” Territory

According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis.