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Home Sales: Difference between revisions
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* Sales of new single‐family houses in August 2023 were at a seasonally adjusted annual rate of 675,000. This is 8.7 percent (±15.6 percent)* below the revised July rate of 739,000, but is 5.8 percent (±21.1 percent)* above the August 2022 estimate of 638,000. | * Sales of new single‐family houses in August 2023 were at a seasonally adjusted annual rate of 675,000. This is 8.7 percent (±15.6 percent)* below the revised July rate of 739,000, but is 5.8 percent (±21.1 percent)* above the August 2022 estimate of 638,000.<ref>https://www.census.gov/construction/nrs/pdf/newressales.pdf</ref> | ||
* The median sales price of new houses sold in August 2023 was $430,300. The average sales price was $514,000. | * The median sales price of new houses sold in August 2023 was $430,300. The average sales price was $514,000. | ||
* The seasonally‐adjusted estimate of new houses for sale at the end of August was 436,000. This represents a supply of 7.8 months at the current sales rate. | * The seasonally‐adjusted estimate of new houses for sale at the end of August was 436,000. This represents a supply of 7.8 months at the current sales rate. | ||
== References == | == References == | ||