trending Market Intelligence /marketintelligence/en/news-insights/trending/rh4sokxtsu4tg4h4lzczua2 content esgSubNav
In This List

US new home sales slip 1.5% in April

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook


US new home sales slip 1.5% in April

Sales of new single-family houses in the U.S. slipped 1.5% to a seasonally adjusted annual rate of 662,000 in April from a downwardly revised rate of 672,000 in the previous month, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

On an annual basis, new home sales rose 11.6% from the April 2017 estimate of 593,000.

The median price of new houses sold in April was $312,400, while the average price was $407,300.

An estimated 300,000 new houses were available for sale at the end of April on a seasonally adjusted basis, representing a supply of 5.4 months at the current sales rate.