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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