Sales of new single-family houses in January increased a seasonally adjusted 9.6 percent month over month to 468,000 from a revised December rate of 427,000, according to a report released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

The report’s seasonally adjusted estimate of new houses for sale at the end of January was 184,000, which represents a supply of 4.7 months at the current sales rate.

Source: U.S. Census Bureau

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
New sessions have been added to Connect Now Agenda on October 20th! Check out the power-packed lineup. SEE THE AGENDA×