U.S. New Home Sales Slide 4.7% in April
Average selling price is $505,700.
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2024:
New Home Sales
Sales of new single‐family houses in April 2024 were at a seasonally adjusted annual rate of 634,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
This is 4.7 percent (±12.0 percent)* below the revised March rate of 665,000 and is 7.7 percent (±13.2 percent)* below the April 2023 estimate of 687,000.
Sales Price
The median sales price of new houses sold in April 2024 was $433,500. The average sales price was $505,700.
CONTRACTOR SUPPLY MAGAZINE
The June/July 2024 issue of Contractor Supply magazine is here!
This digital edition is sponsored by BECK AMERICA Inc.
Our cover story, Success Plan, visits MC Tool and Safety Sales in Blaine, Minnesota. This family business is transitioning from father to daughter leadership in one of the Twin Cities' top communities.
Also in this issue are our industry updates on: Nailers and Staplers; Fastening Systems; Air Compressors and Accessories and a special contribution from STAFDA Online Marketing Consultant Bob DeStefano on Digital Marketing Game Changers.
This digital edition is fully searchable and contains live links to every advertiser and new product listing. Click away!
