New Home Sales Up 29 Percent From a Year Ago

Inman News

23 May 2013

Sales of new single-family homes were up a seasonally adjusted 2.3 percent from March to April and 29 percent from a year ago, according to estimates released today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

There were an estimated 156,000 new homes on the market at the end of April, which represented 4.1 months of supply at April’s seasonally adjusted annual rate of sales: 454,000 per year. The median sales price of new homes sold in April 2013 was $271,600; the average was $330,800.