Graph of the Day: New Home Sales, 1963-2009

From Calculated Risk: The graph shows New Home Sales vs. Recessions for the last 45 years. New home sales have fallen off a cliff. Sales of new one-family houses in March 2009 were at a seasonally adjusted annual rate of 356,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.6 percent (±19.0%)* below the revised February rate of 358,000 and is 30.6 percent (±10.7%) below the March 2008 estimate of 513,000. … New Home Sales: 356 Thousand SAAR in March