(01-27-20) The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for December 2019: New Home Sales – Sales of new single‐family houses in December 2019 were at a seasonally adjusted annual rate of 694,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.4 percent (±15.1 percent)* below the revised November rate of 697,000, but is 23.0 percent (±20.0 percent) above the December 2018 estimate of 564,000. An estimated 681,000 new homes were sold in 2019. This is 10.3 percent (±6.4 percent) above the 2018 figure of 617,000. Sales Price – The median sales price of new houses sold in December 2019 was $331,400. The average sales price was $384,500. For Sale Inventory and Months’ Supply The seasonally‐adjusted estimate of new houses for sale at the end of December was 327,000. This represents a supply of 5.7 months at the current sales rate.
National Association of Home Builders – New Home Sales (01-27-20)
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com