The U.S. Commerce Department reports that sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552k. This is 5.7% above the revised July rate of 522k and is 21.6% above the August 2014 estimate of 454k.
- The median sales price of new houses sold in August 2015 was $292,700.
- The average sales price was $353,400.
- The seasonally adjusted estimate of new houses for sale at the end of August was 216k representing a supply of 4.7 months.
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