September New Home Sales Down from August but Ahead of '14

Washington, DC, October 26, 2015—Sales of new single-family houses in September 2015 were at a seasonally adjusted annual rate of 468,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 11.5% below the revised August rate of 529,000, but is 2.0% above the September 2014 estimate of 459,000.

The median sales price of new houses sold in September 2015 was $296,900; the average sales price was $364,100.

The seasonally adjusted estimate of new houses for sale at the end of September was 225,000. This represents a supply of 5.8 months at the current sales rate.