Sales of new single-family houses in February 2014 fell 3.3 percent month over month to a seasonally adjusted annual rate of 440,000, and were down 1.1 percent from a year ago, according to a report released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

At the February sales rate, the supply of new single-family homes would last 5.2 months, up from 5 months in January and 4.1 months a year before, according to the report.

Source: U.S. Census Bureau

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
We've updated our terms of use.Read them here×