Boston Real Estate Investors Association

New Home Sales Down 19.4% from 2020

New Home Sales Down 19.4% from 2020

The U.S. Government is reporting that sales of new single-family houses in June, 2021 were at a seasonally adjusted annual rate of 676k, which is 6.6% lower than May’s revised rate and is 19.4% lower than one year ago.  The median sales price of new houses sold in May was $ 361,800 with an average sales price of $ 428,700.  There were an estimated 353k new houses for sale at the end of June representing a 6.3-month supply at the current sales rate.

new home sales June 2021

Click here to read the full report at the U.S. Census Bureau.

 

 

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