New-Home Sales UP 7.1% in 3rd Quarter; Equity Builds

New-Home Sales UP 7.1% in 3rd Quarter; Equity Builds

Sales of new single‐family houses in August 2019 were at an annual rate of 713-thousand, according to estimates by the U.S. Census Bureau. The median sales price of new houses sold in August 2019 was $328,400, up to $23-thousand dollars from July. The average sales...