New home sales rose 4.5% (±17.6%) to a seasonally adjusted annual rate of 692,000 in March, easily beating the high end of the forecast range. The figure for March is 3.0% (±11.4%) above the March 2018 estimate of 672,000.
Prior | Revised | Consensus | Range | Actual | |
New Home Sales – SAAR | 667K | 662K | 645K | 630K to 660K | 692K |
The median sales price of new houses sold in March 2019 was $302,700. The average sales price was $376,000. The seasonally‐adjusted estimate of new houses for sale at the end of March was 344,000. This represents a supply of 6.0 months at the current sales rate.
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New homes sell for $302,700 .. where?
And what about used homes? Hows the overall housing market? Housing subsequently leads to a number of sub sector contractors and Jobs.. price of gas effects the workers, and meterials used. 302 thousand dollar plus "Homes" that also includes the Property, so the homes are made Less.