• US new home sales rose more than expected in September

Market news

25 October 2017

US new home sales rose more than expected in September

Sales of new single-family houses in September 2017 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 18.9 percent above the revised August rate of 561,000 and is 17.0 percent above the September 2016 estimate of 570,000.

The median sales price of new houses sold in September 2017 was $319,700. The average sales price was $385,200.

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