trending Market Intelligence /marketintelligence/en/news-insights/trending/q9x-cpiavy9ib7lcsowbha2 content esgSubNav
In This List

US new home sales fall 7.8% in January

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


US new home sales fall 7.8% in January

Sales of new single-family houses in the U.S. dropped 7.8% to a seasonally adjusted annual rate of 593,000 in January from an upwardly revised rate of 643,000 in December 2017, according to the Census Bureau and the Department of Housing and Urban Development.

Year over year, new home sales decreased 1.0% from the 599,000 estimate reported by the agencies in January 2017.

The median sales price of new houses sold last month was $323,000, with an average sales price of $382,700.

About 301,000 new houses were available for sale at the end of January on a seasonally adjusted basis, representing a supply of 6.1 months at the current sales rate.