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Saturday, February 22, 2020

Sales of homes under construction shows some improvement in December compared to the same month last year

Real Estate

By Metric Media News Service | Feb 12, 2020

Realestate077

The number of new houses sold in the United States that were in the "under construction" phase in December was 14,000, compared to 10,000 in the same month the previous year, according to figures released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

The Census surveys provide current national and regional data on sales of new single-family houses.

Included are current-month estimates and revisions for previous months, for new houses sold and for sale at the national level and by Census Region, and for average and median sales prices at the national level.

The results help provide an overview of the nation's current economic activity, and are used by manufacturers, insurance companies, and financial institutions to help ascertain supply and demand.

Houses Sold by Stage of Construction in December 2019 vs. December 2018

December 2019
December 2018
Percent Change
USA
14,000
10,000
40%
Source: U.S. Census Bureau and the Department of Housing and Urban Development.

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U.S. Census Bureau

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