- New home sales and permits for future construction had weak performances in the first half of 2021 but are showing signs of renewed support recently.
- The total inventory of new single-family homes for sale rose 2.9 percent to 389,000 in October, the highest level since September 2008.
- The median sales price of a new single-family home was $407,700, up from $346,900 in October 2020 (not seasonally adjusted). The gain from a year ago is 17.5 percent.
For further details see:
New Single-Family Home Sales Remain Brisk But Inventories Rise As Prices Continue To Surge