The US Census Bureau and the US Department of Housing and Urban Development jointly announced that sales of new single-family houses in February 2017 were at a seasonally adjusted annual rate of 592,000.
This is 6.1 percent (±17.3 percent) above the revised January rate of 558,000 and is 12.8 percent (±18.0 percent) above the February 2016 estimate of 525,000.
The median sales price of new houses sold in February 2017 was $296,200. The average sales price was $390,400.
The seasonally-adjusted estimate of new houses for sale at the end of February was 266,000. This represents a supply of 5.4 months at the current sales rate.