US home sales increase year-on-year in December

Tuesday, 28 January 2014 21:36:44 (GMT+3)   |   San Diego
       

According to a report from the US Census Bureau and the Department of Housing and Urban Development, sales of new single-family houses in December 2013 were at a seasonally adjusted annual rate of 414,000. This is 7.0 percent (±17.5 percent) below the revised November rate of 445,000, but is 4.5 percent (±19.8 percent) above the December 2012 estimate of 396,000.

The median sales price of new houses sold in December 2013 was $270,200; the average sales price was $311,400. The seasonally adjusted estimate of new houses for sale at the end of December was 171,000. This represents a supply of 5.0 months at the current sales rate. An estimated 428,000 new homes were sold in 2013. This is 16.4 percent (±4.0 percent) above the 2012 figure of 368,000.


Similar articles

Canadian housing starts decline month-on-month, but hold steady in six-month average

08 Nov | Steel News

US construction spending up 8.4 percent year-on-year in March

05 May | Steel News

Construction unemployment rate in US still falls despite weather-related hindrances

14 Jan | Steel News

November housing permits, starts and completions in the US rise year-on-year

19 Dec | Steel News

US construction unemployment falls to 8.6 percent in November

09 Dec | Steel News

Housing sales in the US increase in October

05 Dec | Steel News

US construction unemployment rate falls to five-year low

05 Aug | Steel News

US ABI score positive in June as new projects surge

25 Jul | Steel News

Construction employment boosts figures in US and Canada

10 Jun | Steel News

US construction spending rises 4.3 percent annually in April

04 Jun | Steel News