Sales of new single-family houses in November were at a seasonally adjusted annual rate of 464,000, according to estimates released jointly by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
This is 2.1% below the revised October rate of 474,000 but is 16.6% above the November 2012 estimate of 398,000, according to the data.
The median sales price of new houses sold in November of this year was $270,900; the average sales price was $340,300.
The estimates also show that the seasonally adjusted estimate of new houses for sale at the end of November was 167,000 – representing a supply of 4.3 months at the current sales rate.