Sales of new single-family houses in March 2018 were at a seasonally adjusted annual rate of 694,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.0 percent above the revised February rate of 667,000 and is 8.8 percent

above the March 2017 estimate of 638,000.

The median sales price of new houses sold in March 2018 was $337,200. The average sales price was $369,900.