New Home Sales Down Slightly in February
Mar 30, 2012
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Sales of new, single-family houses in February 2012 in the United States were at a seasonally adjusted annual rate of 313,000, according to the U.S. Census Bureau. The rate is 1.6% below the revised January rate of 318,000, but is 11.4% above 281,000 in February 2011.

The median sales price of new houses sold in February 2012 was $233,700. The average sales price was $267,700.

The seasonally adjusted estimate of new houses for sale at the end of February 2012 was 150,000 - 5.8 months of supply at the current sales rate.

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