Metro East REIA
- Jan 31, 2022
- 1 min read

New Home Sales Up 11.9% in December

The U.S. Government is reporting that sales of new single-family houses in December, 2021 were at a seasonally adjusted annual rate of 811k, which is 11.9% higher than November’s revised rate but is 14% lower than one year ago. The median sales price of new houses sold in December was $377,700 with an average sales price of $457,300. There were an estimated 403k new houses for sale at the end of December representing a 6-month supply at the current sales rate. Continue reading HERE...

Recent Posts

See All

Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho

Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies

Housing Starts & Permits Jump Up in February

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%

Yardi Says Multifamily Flat in February

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw