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Tuesday, February 18, 2020

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

Real Estate

By Metric Media News Service | Dec 22, 2019

The number of new houses sold in the United States that were in the "under construction" phase in October was 20,000, compared to 17,000 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 October 2019 vs. October 2018

October 2019
October 2018
Percent Change
USA
20,000
17,000
17.6%
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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