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New Home Sales Show Strong Growth in August
Oct 1, 2013
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August 2013 sales of new single-family houses in the United States were at a seasonally adjusted annual rate of 421,000, according to U.S. Census Bureau data.

August adjusted sales were 7.9% above the revised July rate of 390,000 and 12.6% above August 2012's 374,000.

The median sales price of new houses in August 2013 were $254,600. The average sales price was $318,900.

The seasonally adjusted estimate of new houses for sale at the end of August was 175,000--a 5.0-month supply at the current sales pace.

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