Sales declined in the Northeast (-40.6 percent to 19 thousand), its lowest level since April 2015; the West (-12 percent to 139 thousand) and in the South (-1.5 percent to 318 thousand). On the other hand, sales rose 6.9 percent to 77 in the Midwest.
The median sales price of new houses sold was USD 320,000 below USD 331,500 in the same month of the previous year. The average sales price fell to USD 377,200 in September from USD 379,300 a year ago.
The stock of new houses for sale went up 2.8 percent to 327 thousand. This represents a supply of 7.1 months at the current sales rate, up from 6.5 months in August.
Year-on-year, new home sales decreased 13.2 percent.