• Metro East REIA

New Home Sales Up 12.4% in November

The U.S. Government is reporting that sales of new single-family houses in November, 2021 were at a seasonally adjusted annual rate of 744k, which is 12.4% higher than October’s revised rate but is 14% lower than one year ago. The median sales price of new houses sold in November was $416,900 with an average sales price of $481,700. There were an estimated 402k new houses for sale at the end of November representing a 6.5-month supply at the current sales rate. Continue reading HERE...

0 views0 comments

Recent Posts

See All

A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long

The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than