Sales of new single‐family houses in June 2019 were at a seasonally adjusted annual rate of 646,000, a gain of 7% from May's adjusted rate of 604,000 and 4.5% ahead of June, 2018, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
A 50.4% gain in the West more than offset declines in the Northeast and Midwest. The South region was flat with May.
The median sales price of new houses sold in June 2019 was $310,400. The average sales price was $368,600.
The seasonally‐adjusted estimate of new houses for sale at the end of June was 338,000, a supply of 6.3 months at the current sales rate.