September 15, 2017

NORTH STATE BIA ISSUES AUGUST NEW HOME SALES REPORT

ROSEVILLE - The North State BIA released its sales figures for August, with homebuilders tallying 314 sales from 145 reporting communities in the region. This represents a slight drop from July's numbers, which included  387 sales with 154 communities reporting.

"Although we experienced a decline in sales from last month to this month, we are confident that an uptick is coming during what is typically a busy fall selling season, said Andy Davidson, the BIA Chair and President of Construction with Anton Development Company. "Overall, we remain in good spirits about the state of the housing market in the region and feel confident that we will close out the final few months of 2017 on a high note."
Historic August Sales
The chart below provides a decade long perspective on sales in the month of August.
New Home Sales by Region  
The North State BIA's monthly New Home Sales Report is compiled through a collaborative effort between association staff and homebuilders, who provide weekly reports based on escrow closings. The chart below breaks down regional sales for August.
Price Point Data
As part of its monthly sales analysis, the North State BIA also records the price points for new homes sold. The August price points for new home sales can be seen in the chart below.
BIA Data Note
The North State BIA's sales figures represent the majority of production homebuilders in the greater Sacramento region.

Regional Permit Data
The California Homebuilding Foundation's (CHF)  Construction Industry Research Board (CIRB) regional permit data for August can be viewed here.

Permit totals are subject to change due to post-reported County/City activity and/or post-adjusted data submitted to CIRB by the reporting municipality. CIRB statistics are formally published at the end of the month in the California Construction Review (CCR) report. Please contact (916) 340-3346 or CHF-CIRB@mychf.org for additional information.
North State BIA