The WPJ
Residential Real Estate News
New Home Sales in U.S. Uptick 3% in July
According to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), sales of new single-family houses in July 2012 were at a seasonally adjusted annual rate of 372,000.This is 3.6 percent (±14.1%) above the revised June rate of 359,000 and is 25.3 percent (±18.2%) above the July 2011 estimate of 297,000.
The median sales price of new houses sold in July 2012 was $224,200; the average sales price was $263,200. The seasonally adjusted estimate of new houses for sale at the end of July was 142,000. This represents a supply of 4.6 months at the current sales rate.
Real Estate Listings Showcase
This website uses cookies to improve user experience. By using our website you consent in accordance with our Cookie Policy. Read More