U.S. New Home Sales Slide in September
Nov 4, 2009
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September 2009 sales of new, one-family houses were at a seasonally adjusted annual rate of 402,000.  The U.S. Census Bureau and Department of Housing and Urban Development reported that this number reflected a drop of 3.6% from the revised rate of 417,000 units sold in August 2009.

The median sales price of new houses sold in September 2009 was $204,800; the average sales price was $282,600.  The seasonally adjusted estimate of new houses for sale at the end of September was 251,000, representing a supply of 7.5 months at the current sales rate.
Home Sales 2008
2009
(1000s, seasonally adjusted)
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun (rev)
Jul
(rev)
Aug
(rev)
Sep
(prelim)
Aug - Sep % change
Houses Sold
436
409
390
374
329
354
332
345
371
399
413 413 402 -3.6%
Houses For Sale
395
380
370
350
340
328
313
300
293
280
270 261 251 -3.8%
Months of Supply
10.9
11.1
11.4
11.2
12.4
11.1
11.3
10.4
9.5
8.4
7.8 7.5 7.5 0.0%

(rev) - revised
(pelim) - preliminary

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

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