New Home Sales Rise in July

New single-family house gross sales rose to a seasonally adjusted annual price of 708,000 in July, in response to the U.S. Census Bureau and the Division of Housing and City Improvement. The June stage is 1.0% above the revised June price of 701,000 however is 27.2% beneath the July 2020 estimate of 972,000.

The median gross sales value of latest homes offered in July 2021 was $390,500. The common gross sales value was $446,000.

On the finish of July, the seasonally adjusted estimated provide on the present gross sales price was at 6.2 months.

Learn the Census/HUD release.

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