New Home Sales Down 18.2% Year-Over-Year – Real Estate Investing Today

The U.S. Government is reporting that sales of new single-family houses in February, 2021 were at a seasonally adjusted annual rate of 775k which is 18.2% lower than January’s revised rate and is 8.2% higher than one year ago.  The median sales price of new houses sold in January was $349,400 with an average sales price of $416,000.  There were an estimated 312k new houses for sale at the end of December representing a 4.8-month supply at the current sales rate.

new single families sold in the USClick here to read the full report at the U.S. Census Bureau.


The post New Home Sales Down 18.2% Year-Over-Year appeared first on Real Estate Investing Today.

Comments are closed.