US new home sales rise 16.9 percent in November

Thursday, 31 January 2019 00:53:48 (GMT+3)   |   San Diego
       

The US Census Bureau and the US Department of Housing and Urban Development jointly announced that sales of new single‐family houses in November 2018 were at a seasonally adjusted annual rate of 657,000.  This is 16.9 percent (±19.9 percent) above the revised October rate of 562,000, but is 7.7 percent (±20.7 percent) below the November 2017 estimate of 712,000. 

The median sales price of new houses sold in November 2018 was $302,400. The average sales price was $362,400.  

The seasonally‐adjusted estimate of new houses for sale at the end of November was 330,000. This represents a supply of 6.0 months at the current sales rate.


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