29 November 2012

• U.S. New Home Sales Down for Month, Up for Year – October 2012


Sales of new single-family houses in October 2012 were at a seasonally adjusted annual rate of 368,000. This is 0.3 percent (±18.3%) below the revised September rate of 369,000, but is 17.2 percent (±21.2%) above the October 2011 estimate of 314,000.

The median sales price of new houses sold in October 2012 was $237,700; the average sales price was $278,900. The seasonally adjusted estimate of new houses for sale at the end of October was 147,000. This represents a supply of 4.8 months at the current sales rate.

Source: USDOC-Census


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