Boston Real Estate Investors Association

New Home Sales Down 19.4% from 2020

New Home Sales Down 19.4% from 2020

The U.S. Government is reporting that sales of new single-family houses in June, 2021 were at a seasonally adjusted annual rate of 676k, which is 6.6% lower than May’s revised rate and is 19.4% lower than one year ago.  The median sales price of new houses sold in May was $ 361,800 with an average sales price of $ 428,700.  There were an estimated 353k new houses for sale at the end of June representing a 6.3-month supply at the current sales rate.

new home sales June 2021

Click here to read the full report at the U.S. Census Bureau.

 

 

The post New Home Sales Down 19.4% from 2020 appeared first on Real Estate Investing Today.

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