November sales of new one-family houses in
the United States were at a seasonally adjusted annual rate of 355,000.
The U.S. Census Bureau said the November
rate is 11.3% below the revised October 2009 rate of 400,000
and is 9.0% below the November 2008 estimate of 390,000.
The median sales price of new houses sold in November 2009 was $217,400; the average sales price was $280,300. The seasonally adjusted estimate of new houses for sale at the end of
November was 235,000. This represents a supply of 7.9 months at the current sales rate.
| Home
Sales |
2008 |
2009 |
| (1000s,
seasonally adjusted) |
Nov |
Dec |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug
(rev) |
Sep
(rev) |
Oct
(rev) |
Nov
(prelim) |
Oct-Nov
%
change |
| Houses
Sold |
390
|
374
|
329
|
354
|
332
|
345
|
371
|
399
|
419
|
408
|
393
|
400
|
355
|
-11.3% |
| Houses
for Sale |
370
|
350
|
340
|
328
|
313
|
300
|
293
|
280
|
270
|
262
|
252
|
240
|
235
|
-2.1% |
| Months
of Supply |
11.4
|
11.2
|
12.4
|
11.1
|
11.3
|
10.4
|
9.5
|
8.4
|
7.7
|
7.7
|
7.7
|
7.2
|
7.9
|
9.7% |
(rev)
-
revised
(pelim) - preliminary
Source:
U.S.
Census Bureau and
the Department of Housing and Urban Development
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