New Residential Sales in April 2009

 

The seasonally adjusted estimate of new houses for sale at the end of April was 297,000. This represents a supply of 10.1 months at the current sales rate. ?EUR??,,????'??? Courtesy of Sand Dollar Real Estate

Just another way to show how the housing market is starting to rebound, but still has a long road to recovery. Sales of new one-family houses in April 2009 were at a seasonally adjusted annual rate of 352,000, according to estimates. This is 0.3 percent (????????14.5%) above the revised March rate of 351,000, but is 34.0 percent (????????11%) below the April 2008 estimate of 533,000. The median sales price of new houses sold in April 2009 was $209,700; the average sales price was $254,000. ?EUR??,,????'??? Courtesy of Bureau of Economic Analysis