The WPJ
Residential Real Estate News
New Home Sales in U.S. Dip Slightly in January
According to the U.S. Census Bureau and the Department of Housing and Urban Development, sales of new single-family houses in January 2012 were at a seasonally adjusted annual rate of 321,000. This is 0.9 percent (±16.6%) below the revised December rate of 324,000, but is 3.5 percent (±17.6%) above the January 2011 estimate of 310,000.The median sales price of new houses sold in January 2012 was $217,100; the average sales price was $261,600. The seasonally adjusted estimate of new houses for sale at the end of January was 151,000. This represents a supply of 5.6 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