• U.S new home sales rose less than expected in September

Market news

24 October 2018

U.S new home sales rose less than expected in September

Sales of new single‐family houses in September 2018 were at a seasonally adjusted annual rate of 553,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 5.5 percent below the revised August rate of 585,000 and is 13.2 percent below the September 2017 estimate of 637,000.

The median sales price of new houses sold in September 2018 was $320,000. The average sales price was $377,200.

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