The median sales price of all new homes sold in September was $299,400, according to the US Census Bureau
The number of new homes sold in May dropped 3.7% below last year's level and fell 7.8% from April
Permit activity picks up, especially in the singe-family sector
The average sales price was $377,200 while the median sales price was $320,000, according to the Census Bureau and the HUD
The news, while positive, comes as homebuyers continue to face rising mortgage rates and soaring home prices
In face of historic inventory shortage, privately-owned housing starts jumped 9.2% month-over-month and 9.4% year-over-year
1.27 million new building permits were issued last month
Opinion
There's plenty of baby boomer business to go around
And new single-family home sales are up 6.2 percent month-over-month, according to just-released Census figures
Catch the attention of local journalists, and spread the love
Bureau of Labor Statistics finds unemployment rate at 5.1 percent
Sam DeBianchi's tips for novice agents
A look at San Francisco, New York and Miami
Adjusted for inflation, rents have increased 64 percent while incomes have only grown 19 percent since 1960
Hispanic Wealth Project finds huge growth in Hispanic homeowners since 2000