HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN AUGUST
WASHINGTON – Sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552,000, according to estimates released jointly today by the U.S. Department of Housing and Urban Development (HUD) and the Census Bureau. This is 5.7 percent (±16.2%)* above the revised July rate of 522,000 and is 21.6 percent (±18.7%) above the August 2014 estimate of 454,000.
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 216,000. This represents a supply of 4.7 months at the current sales rate.
Estimates of houses sold and for sale by stage of construction are now available on a seasonally adjusted basis as well as not seasonally adjusted basis. Historic seasonally adjusted data will be available back to January 1999 at http://www.census.gov/construction/nrs/historical_data/.
New Residential Sales data for September 2015 will be released on Monday, October 26, 2015, at 10:00 A.M. EST. Read more about today’s release of new home sales.
 |
| Have you considered REAL ESTATE as a Career? BECOME A CALIFORNIA REAL ESTATE AGENT...CLICK LOGO TO VIEW OUR LIVE LECTURE SCHOOL JOIN A CLASS STARTING NEAR YOU and BECOME A CALIFORNIA REAL ESTATE AGENT (Click Logo) |
No comments:
Post a Comment
If you have questions or a comment about this Blog or our Company please use this section. We will do our best to review and answer within 24 hours.