U.S. New Home Sales Cool 6.6 Percent in June
Average selling price hits $428,700.
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for June 2021:
New Home Sales
Sales of new single‐family houses in June 2021 were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
This is 6.6 percent (±16.5 percent)* below the revised May rate of 724,000 and is 19.4 percent (±13.9 percent) below the June 2020 estimate of 839,000.
Sales Price
The median sales price of new houses sold in June 2021 was $361,800. The average sales price was $428,700.
For Sale Inventory and Months’ Supply
The seasonally‐adjusted estimate of new houses for sale at the end of June was 353,000. This represents a supply of 6.3 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!
| Read the Articles Read the Digital Edition |
