New Dwelling Gross sales Rise 4.3% in January | ABA Banking Journal

New single-family house gross sales rose to a seasonally adjusted annual fee of 923,000 in January, in line with the U.S. Census Bureau and the Division of Housing and City Growth. The January degree is 4.3% above the revised December fee of 885,000 and is nineteen.3% above the January 2020 estimate.

The median value of a brand new house in January was $346,400. The common gross sales value was $408,800.

On the finish of January, the seasonally adjusted estimated provide on the present gross sales fee was at 4.0 months.

Learn the Census/HUD release.

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