New residential sales climb in June
330,000 new homes sold in month.
Sales of new single-family houses in June 2010 were at a seasonally adjusted annual rate of 330,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
This is 23.6 percent (±15.3%) above the revised May rate of 267,000, but is 16.7 percent (±10.9%) below the June 2009 estimate of 396,000.
The median sales price of new houses sold in June 2010 was $213,400; the average sales price was $242,900.
The seasonally adjusted estimate of new houses for sale at the end of June was 210,000. This represents a supply of 7.6 months at the current sales rate.
CONTRACTOR SUPPLY MAGAZINE
The December 2024/January 2025 of Contractor Supply magazine is here!
Our cover story, A Diamond on the Rough, visits the family-owned Esch Construction Supply. Based in St. Paul, Minnesota, the company sells and services anything that will cut, grind, drill or polish concrete.
Also in this issue are a 2024 STAFDA show report and Industry Updates on Abrasives Discs and Wheels; Grinders and Sanders; Cold Weather PPE and Heaters; Jobsite Lighting and Ladders, Lifts and Scaffolds.
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