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Daily News

U.S. New Home Sales Up 9.6% in July
Sep 3, 2009
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July 2009 sales of new one-family houses grew at seasonally adjusted annual rate of 433,000, up 9.6% over the revised June rate of 395,000.  The  rate is still 13.4% below the July 2008 estimate of 500,000.


The median sales price of new houses sold in July 2009 was $210,100; the average sales price was $269,200.  The seasonally adjusted estimate of new houses for sale at the end of July was 271,000.  This represents a supply of 7.5 months at the current sales rate.

Home Sales 2008
2009
(1000s, seasonally adjusted)
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr (rev)
May (rev)
Jun (rev)
Jul
(prelim)
Jun- Jul % change
Houses Sold
500
444
436
409
390
374
329
354
332
345
362
395
433
9.6%
Houses For Sale
419
412
395
380
370
350
340
328
313
313
293
280
271
-3.2%
Months of Supply
10.1
11.1
10.9
11.1
11.4
11.2
12.4
11.1
11.3
10.4
9.7
8.5
7.5
-11.8%

(rev) - revised
(pelim) - preliminary

Source: U.S. Census Bureau and the Department of Housing and Urban Development

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