New Home Sales

The Graph of the Week is from the Census Bureau's New Residential Home Sales Press release of 3/27/2007. The chart shows thousands of new home sales, seasonally adjusted, from February 2006 through February 2007. You can find the monthly press release and data at http://www.census.gov/const/www/newressalesindex.html.
For more on how the collapse of the subprime mortgage market may impact the housing market, listen to the podcast of the NABE teleconference "We Call it Subprime for a Reason"

