At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.
In adherence to ESOMAR's principles, we ensure that all data collection and analysis are conducted with transparency, respect for confidentiality, and strict compliance with ethical guidelines:
- Data Sourcing and Methodology:
We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR. - Transparency and Accuracy:
All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data. - Ethical Data Usage and Third-Party Material:
Our adherence to the ESOMAR Code of Conduct underscores our commitment to ethical research practices. We maintain strict controls over data sharing and usage; copying or distributing our data is prohibited under our company policy. Furthermore, all necessary agreements are in place for any third-party material used, ensuring full compliance with copyright laws and industry best practices. - Limitation of Liability:
While we strive to provide high-quality, timely market insights, the data is derived from a limited sample and should be interpreted within that context. We are not liable for any damages arising from the use of this data, as it is provided solely for informational purposes and as a directional indicator of market trends.
By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.
US new home sales hit a 13-month high in April
Posted on May 29, 2023 |
In April, sales of new U.S. single-family homes rose to a 13-month high, boosted by a continuous shortage of formerly owned houses on the market.
New home sales grew with an annual rate of 4.1% to 683,000 units compared to last month, the highest since March 2022
March's sales rate adjusted to 656,000 units from the previously registered 683,000.
The inventory of existing homes is down 44% from its pre-pandemic levels, which grew in half of the country last week.
The shortage is driving buyers to benefit from drops in mortgage rates, keeping builders busy despite depressed housing.
In 2023, the average rate on the famous 30-year fixed mortgage flows between 6.09% and 6.73%, after rising to 7.03% in late 2022.
In April, in the Midwest and South regions new home sales rose but declined in the Northeast and West.
The median new house price fell by 8.2% to $420,800 from a year ago, on the market, there were 433,000 new homes at the end of last month.