The U.S. government is reporting that sales of new single-family houses in September, 2018 were at a seasonally adjusted annual rate of 553k. This is figure is 5.5% below August’s revised rate and is 13.2% lower than one year ago. The median sales price of new houses sold in September was $320k with the average sales price at $377,200. There were an estimated 327k new houses for sale, representing a 7.1 months supply at the current sale rate.
Click here to read the full report at census.gov.
