US new home sales down 5.9 percent in May

Wednesday, 23 June 2021 18:45:26 (GMT+3)   |   San Diego
       

Sales of new single‐family houses in May 2021 were at a seasonally adjusted annual rate of 769,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development.

This is 5.9 percent (±18.6 percent) below the revised April rate of 817,000, but is 9.2 percent (±28.7 percent) above the May 2020 estimate of 704,000.

The median sales price of new houses sold in May 2021 was $374,400.  The average sales price was $430,600. 

The seasonally‐adjusted estimate of new houses for sale at the end of May was 330,000.  This represents a supply of 5.1 months at the current sales rate.


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