Sales of new single-family houses grow 5.4 percent in July
Monthly rate trends 25.8 percent over July 2014 levels.
Sales of new single-family houses in July 2015 were at a seasonally adjusted annual rate of 507,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
This is 5.4 percent (±14.8%)* above the revised June rate of 481,000 and is 25.8 percent (±22.6%) above the July 2014 estimate of 403,000.
The median sales price of new houses sold in July 2015 was $285,900; the average sales price was $361,600. The seasonally adjusted estimate of new houses for sale at the end of July was 218,000. This represents a supply of 5.2 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.
This digital edition, sponsored by BECK AMERICA Inc., is fully searchable and contains live links to every advertiser and new product listing. Click away!
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