Talking Points …
- Sales of new, single-family homes rose 6.8 percent in April compared with March to a rate of 484,000, and 26.1 percent compared with April 2014’s estimate of 410,000, according to a report by HUD and the Census Bureau.
- The median sales price of new houses sold in April 2015 was $297,300; the average sales price was $341,500.
- The seasonally adjusted estimate of new houses for sale at the end of April was 205,000. This represents a supply of 4.8 months at the current sales rate.
- Sales of new, single-family homes rose 6.8 percent in April compared with March to a rate of 484,000, and 26.1 percent compared with April 2014’s estimate of 410,000, according to a report by HUD and the Census Bureau.
- The median sales price of new houses sold in April 2015 was $297,300; the average sales price was $341,500.
- The seasonally adjusted estimate of new houses for sale at the end of April was 205,000. This represents a supply of 4.8 months at the current sales rate.