DRN - Rising Trend Of U.S. New Home Sale Prices Breaking Down
What had been a well-established, rising trend for median U.S. new home sale prices appears to have begun breaking in the fourth quarter of 2018.
As measured by the trailing twelve month average of median new home sale prices in the United States, the most recent trend that had begun in September 2015 looks to have lasted into October 2018, after which, the trailing year average of these median prices has dropped significantly. The following chart shows the three most recent linear trends for the trajectory of new home sale prices in the United States,