By Michael Neal Sales of new single-family homes rose by 0.8 percent over the month of June 2017 to 610,000 as reported jointly by the Census Bureau and the Department of Housing and Urban Development. The June increase in sales reflected a downward revision to the estimate of new home sales in May. If the May sales number remained at its initially reported… Read More ›
Via:: New Home Sales Expand Moderately
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Written by : Michael Neal
Michael Neal is a Senior Economist at the National Association of Home Builders based in Washington D.C. In this capacity, Mr. Neal’s research involves monitoring housing finance issues that impact the U.S. housing market. As a housing economist, Mr. Neal has provided expert analysis and commentary on housing to media outlets around the country. Prior to joining NAHB, Michael worked at the Congress’ Joint Economic Committee, the Federal Reserve, the Congressional Budget Office and Goldman Sachs. He holds a B.A. degree in Economics from Morehouse College, an M.P.A. from the University of Pennsylvania.