New Single-Family Home Sales Down 12.6% in July

The U.S. Government is reporting that sales of new single-family houses in July, 2022 were at a seasonally adjusted annual rate of 511k, which is 12.6% lower than June’s revised rate and is 29.6% lower than one year ago. The median sales price of new houses sold in September was $439,400k with an average sales price of $546,800. Continue reading HERE...