US New Home Sales Fall From 5-Year High


In November of 2013, sales of new single-family houses in the US were at a seasonally adjusted annual rate of 464,000. This is 2.1 percent below the revised October rate of 474,000, the highest in 5 years, but is 16.6 percent above the November 2012 estimate of 398,000.

The median sales price of new houses sold in November 2013 was $270,900; the average sales price was $340,300.

The seasonally adjusted estimate of new houses for sale at the end of November was 167,000. This represents a supply of 4.3 months at the current sales rate.

US New Home Sales Fall From 5-Year High


U.S. Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
12/24/2013 3:09:33 PM