(05-26-20) May 26, 2020 – The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2020: New Home Sales – Sales of new single-family houses in April 2020 were at a seasonally adjusted annual rate of 623,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.6 percent (±14.9 percent)* above the revised March rate of 619,000, but is 6.2 percent (±17.1 percent)* below the April 2019 estimate of 664,000. Sales Price – The median sales price of new houses sold in April 2020 was $309,900. The average sales price was $364,500. For Sale Inventory and Months’ Supply – The seasonally-adjusted estimate of new houses for sale at the end of April was 325,000. This represents a supply of 6.3 months at the current sales rate.
National Association of Home Builders – New Home Sales (05-26-20)
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com