The U.S. Government is reporting that sales of new single-family houses in February, 2019 were at a seasonally adjusted annual rate of 677k. This figure is 4.9% higher than January’s revised rate and is 0.6% higher than one year ago. The median sales price of new houses sold in February 2019 was $315,300 and the average sales price was $379,600. The seasonally‐adjusted estimate of new houses for sale at the end of February was 340k, which represented a 6.1 months supply at the current sales rate.
Click here to read the full report at census.gov.
