US new home sales down 6.9 percent in January

Thursday, 14 March 2019 22:11:35 (GMT+3)   |   San Diego

US sales of new single‐family houses in January 2019 were at a seasonally adjusted annual rate of 607,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development.  

This is 6.9 percent (±16.3 percent) below the revised December rate of 652,000 and is 4.1 percent (±14.0 percent) below the January 2018 estimate of 633,000. 

The median sales price of new houses sold in January 2019 was $317,200.  The average sales price was $373,100.  

The seasonally‐adjusted estimate of new houses for sale at the end of January was 336,000.  This represents a supply of 6.6 months at the current sales rate.

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