New-Home Sales Increased 1.5 Percent In January
The median national sales price of new houses sold last month was $420,700
The median national sales price of new houses sold last month was $420,700
The average sales price for new houses sold last month nationally was $514,000
Privately‐owned housing completions in July were down 11.8 percent below the revised June estimate
The median sales price of new houses sold in June 2023 was $415,400, while the average sales price was $494,700
Year-over-year, new construction sales were up 20 percent compared to May 2022
Privately‐owned housing starts in May were up 21.7 percent compared to the month prior
Housing starts may have been on the rise last month but permitting for new projects were down
According to the U.S. Census Bureau, the median sales price of new houses sold last month was $438,200
Currently, the Black homeownership rate is 44 percent, up from a low of 40.8 percent in 2016
Census data shows that the number of residents leaving surpassed those moving in by nearly 700,000
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