(11-26-21) New Home Sales – Sales of new single‐family houses in October 2021 were at a seasonally adjusted annual rate of 745,000, according to estimates released ointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.4 percent (±21.1 percent)* above the revised September rate of 742,000, but is 23.1 percent (±15.1 percent) below the October 2020 estimate of 969,000. Sales Price – The median sales price of new houses sold in October 2021 was $407,700. The average sales price was $477,800. For Sale Inventory and Months’ Supply – The seasonally‐adjusted estimate of new houses for sale at the end of October was 389,000. This represents a supply of 6.3 months at the current sales rate.
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com