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Daily News

U.S. New Home Sales Up Again in August
Oct 8, 2009
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August 2009 sales of new one-family houses in the United States were at a seasonally adjusted annual rate of 429,000, according to estimates from the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 0.7% above the revised July rate of 426,000, but is 3.4% below the August 2008 estimate of 444,000. 

The median sales price of new houses sold in August 2009 was $195,200; the average sales price was $256,800.  The seasonally adjusted estimate of new houses for sale at the end of August was 262,000.  This represents a supply of 7.3 months at the current sales rate.

Home Sales 2008
2009
(1000s, seasonally adjusted)
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May (rev)
Jun (rev)
Jul
(rev)
Aug
(prelim)
JunJul-Aug
% change
Houses Sold
444
436
409
390
374
329
354
332
345
371
400
426
429
0.7%
Houses For Sale
412
395
380
370
350
340
328
313
300
293
280
270
262
-3.0%
Months of Supply
11.1
10.9
11.1
11.4
11.2
12.4
11.1
11.3
10.4
9.5
8.4
7.6
7.3
.3.9%

(rev) - revised
(pelim) - preliminary

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

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