New Home Sales At a Glance
- Annual Sales Rate (Seasonally Adjusted): 834,000
- Monthly Change: Down 6.6%
- Annual Change: 22.3%
- Median Sales Price: $237,900
- Unsold Inventory: 7.8 Months
Technorati Tags: New Home Sales, New Residential Sales
NEW RESIDENTIAL SALES IN JUNE 2007
Sales of new one-family houses in June 2007 were at a seasonally adjusted annual rate of 834,000, according to
estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban
Development. This is 6.6 percent (±11.0%)* below the revised May rate of 893,000 and is 22.3 percent (±10.1%)
below the June 2006 estimate of 1,073,000.
The median sales price of new houses sold in June 2007 was $237,900; the average sales price was $316,200.
The seasonally adjusted estimate of new houses for sale at the end of June was 537,000. This represents a supply
of 7.8 months at the current sales rate.
New Residential Sales data for July 2007 will be released on Friday, August 24, 2007, at 10:00 A.M. EDT.
New Residential Sales Index Data [PDF]































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