US March new home sales up 7.4% mth/mth
(Il Sole 24 Ore Radiocor) - Milano, 5 mag - Sales of new US homes in March rose 7.4% to a seasonally adjusted annual rate of 682,000 from February's rate of 635,000, the US Commerce Department said.
Expectations were for sales of 668,000 units.
On the year, new home sales were up 3.3%.
The median sales price of new houses sold in March was 387,400 dollars. The average sales price was 503,100 dollars.
The seasonally-adjusted estimate of new houses for sale at the end of March was 481,000. This represents a supply of 8.5.
months at the current sales rate.
(RADIOCOR) 05-05-26 16:18:47 (0586) 5 NNNN