According to estimates released last week by the U.S. Census Bureau and the Department of Housing and Urban Development, sales of new single-family houses in June 2013 were at a seasonally adjusted annual rate of 497,000, representing the highest level of sales in over five years.
The number is 8.3% above the revised May rate of 459,000 and 38% above the June 2012 estimate of 360,000.
The highest concentrated area of sales is occurring in the Northeast and the Confidence Interval reached 90%.
The median sales price of new houses sold in June 2013 was $249,700 and the average sales price was $295,000.
The Commerce Department also announced that orders for durable goods increased 4.2% last month. The number is higher than forecasted and follows a 5.2% gain in May, which was revised higher.
Additional statistics can be found here, and new residential sales data will be released on Friday, August 23 to recall the July 2013 sales.
The number is 8.3% above the revised May rate of 459,000 and 38% above the June 2012 estimate of 360,000.
The highest concentrated area of sales is occurring in the Northeast and the Confidence Interval reached 90%.
The median sales price of new houses sold in June 2013 was $249,700 and the average sales price was $295,000.
The Commerce Department also announced that orders for durable goods increased 4.2% last month. The number is higher than forecasted and follows a 5.2% gain in May, which was revised higher.
Additional statistics can be found here, and new residential sales data will be released on Friday, August 23 to recall the July 2013 sales.