US new home sales rise in December, decline in 2021

Wednesday, 26 January 2022 21:28:02 (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 December 2021 were at a seasonally adjusted annual rate of 811,000. This is 11.9 percent (±20.3 percent) above the revised November rate of 725,000, but is 14.0 percent (±16.6 percent) below the December 2020 estimate of 943,000.

On an annual basis, an estimated 762,000 new homes were sold in 2021. This is 7.3 percent (±5.1 percent) below the 2020 figure of 822,000.

The median sales price of new houses sold in December 2021 was $377,700.  The average sales price was $457,300. 

The seasonally‐adjusted estimate of new houses for sale at the end of December was 403,000. This represents a supply of 6.0 months at the current sales rate.

Similar articles

US nonresidential construction costs surge 20.9 percent y-o-y in April

US construction employment edges up slightly in April amid tight labor market

US construction spending up 0.1 percent in March

US new home sales down 8.6 percent in March

US residential building permits and housing starts rise in March while completions decline

AISI, SMA applaud new guidance for Build America, Buy America Act

Nonresidential US construction costs up 21 percent y-o-y in March

US construction spending up 0.5 percent in February

US construction employment rises in March

US new home sales down 2 percent in February

US residential building permits decline in February while housing starts and completions rise