Madison's Lumber Reporter 12/01/2022

US Home Sales Oct, Lumber Prices Nov: 2022

Bumping up and down in recent months, sales of new US single-family homes actually increased in October. There were 632,000 new single-family homes sold last month, which is up +7.5% from the downwardly revised September rate of 588,000 and is a -5.8% drop compared to October 2021 when it was 671,000.
Only 15,000 new homes sold last month were below US$400,000.