The U.S. Government is reporting that sales of new single-family houses in January, 2020 were at a seasonally adjusted annual rate of 764k, which is 7.9% higher than December’s revised rate and is 18.6% above the January, 2019. The median sales price of new houses sold in January was $348,200 and the average sales price was $402,300. There were an estimated 324k new houses for sale at the end of January representing a 5.1 months at the current sales rate.
Click here to read the full report at Census.gov.
