The U.S. Government is reporting that sales of new single-family houses in December, 2020 were at a seasonally adjusted annual rate of 842k which is 1.6% above than November’s revised rate, but is 15.2% higher than one year ago. The median sales price of new houses sold in November was $355,900 with an average sales price of $394,900. There were an estimated 302k new houses for sale at the end of December representing a 4.3–month supply at the current sales rate.
Click here to read the full report at the U.S. Census Bureau.
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