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New home prices rebounded in August 2019 according to the latest report from the U.S. Census Bureau on new residential sales.
Both median and average new home sale prices were up, with the initial figure for the average new home sale price reaching an all-time high of $404,200, beating December 2017's previous high value of $402,900. That new record high for average new home sale prices isn't yet official, as data for August 2019 will be revised several times in upcoming months before being finalized.
The following chart shows the Census Bureau's monthly data for