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.