New Home Sales Slid 4.5 Percent In January
The average sales price of new houses sold last month was $496,900
The average sales price of new houses sold last month was $496,900
Newly constructed homes for sale at of the month represented a 6.5 month supply
Sales of new single-family homes were still 23.1 percent down year-over-year
HUD sold nearly 100,000 homes around the country between 2017-2020, disproportionately located in flood-prone places
As material costs stabilize, single-family home builds were up 6 percent last month
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