Single-Family Home Sales Up Year Over Year

Washington, DC, Nov., 28, 2012--In October 2012, sales of new single-family homes were at a seasonally adjusted annual rate of 368,000, according to estimates released today by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is a 0.3% below the revised September rate of 369,000, but it is 17.2% above October 2011 numbers.

The median sales price of new homes sold last month was $237,700, and the average price was $278,900.