Keeping you up to date on the latest data releases.
- New Home Sales
Sales of new single-family homes fell 1.0 percent in June to a seasonally-adjusted annual rate of 312,000. June’s decline follows a downwardly revised 0.6 percent decline in May. On a year-over-year basis, sales of new single-family homes were up 1.6 percent in June. Sales of single-family homes rose in the Midwest and South regions, increasing 9.5 percent and 3.4 percent, respectively while sales declined in the Northeast and West regions, falling 15.8 percent and 12.7 percent. The median sales price of new single-family homes rose 5.8 percent in June to $235,200. The number of new single-family homes for sale continued to decline in June, falling 1.2 percent to 165,000 units, representing 5.6 months of supply at the current sales rate.