US new home sales down 7.8 percent in May

Tuesday, 25 June 2019 22:17:03 (GMT+3)   |   San Diego
       

Sales of new single‐family houses in the US in May 2019 were at a seasonally adjusted annual rate of 626,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development.  This is 7.8 percent (±14.7 percent) below the revised April rate of 679,000 and is 3.7 percent (±15.0 percent) below the May 2018 estimate of 650,000. 

The median sales price of new houses sold in May 2019 was $308,000. The average sales price was $377,200.  

The seasonally‐adjusted estimate of new houses for sale at the end of May was 333,000. This represents a supply of 6.4 months at the current sales rate.


Most Recent Related Articles

Pacific Northwest dock delivered prices for shredder feed scrap

Local Turkish rebar spot prices stable except in Izmir region

Egyptian and Emirati wire rod in demand in Saudi Arabia

Ship scrap prices fall in Turkey’s Izmir region

Turkey's coking coal imports down 0.9 percent in January-November