The U.S. Government is reporting that sales of new single-family houses in April, 2019 were at a seasonally adjusted annual rate of 673k, which is 6.9% lower than March’s revised figure. The median sales price of new houses sold in April 2019 was $342,200 and the average sales price was $393,700. There was an estimated 332k new houses for sale at the end of April representing a 5.9 months supply at the current sales rate.
Click here to read the full report at Census.gov.
