The U.S. Government is reporting that sales of new single-family houses in May, 2019 were at a seasonally adjusted annual rate of 626k, which is 7.8% lower than April’s revised figure. The median sales price of new houses sold in April 2019 was $308k and the average sales price was $377,200. There was an estimated 333k new houses for sale at the end of April representing a 6.4 months supply at the current sales rate.
Click here to read the full report at the U.S. Census Bureau.
