The U.S. Government is reporting that sales of new single-family houses in March, 2019 were at a seasonally adjusted annual rate of 692k. This figure is 4.5% higher than February’s revised figure. The median sales price of new houses sold in March was $302,700 and the average sales price was $376k. The seasonally‐adjusted estimate of new houses for sale at the end of March was 344k, representing a 6 month supply at the current sales rate.
Click here to read the full report at Census.gov.
