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New-Home Sales Heat Up to Seven-Month High in February

March 23, 2017 6:06 pm

New-home sales heated up to a seven-month high in February at 592,000, a 6.1 percent increase, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $390,400, while the median was $296,200. New-home listing inventory was 266,000—5.4 months supply. New-home sales sizzled compared to […]

The post New-Home Sales Heat Up to Seven-Month High in February appeared first on RISMedia.

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