Questions? Let's Talk: 877.762.4375

New Home Sales Mainly Flat In January

New Home Sales Mainly Flat In January

| Feb 24, 2012 | Housing Market

The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Sales report for January shows sales of new single-family homes were 0.9 below December’s upwardly revised annual rate of 324,000. The revision to December’s rate, previously reported to be 307,000, put that month’s sales pace at a year-long high. And, despite slipping from last month, January’s sales pace exceeded economists’ expectations and were 3.5 percent above last year. The median sales price of new houses sold in January was $217,000, up from $210,300 in December. At the end of the month, there was a 5.6-month supply of new homes for sale at the current sales pace. More here.

"Story Time" Newsletters

  • Warmup with These Popular Colorado January Events

    Read More
  • December 2023 Guide To Holiday Light Shows, Santa Visits, Seasonal Food & Drink, Parades, And More!

    Read More
  • PIONEERING WOMEN OF BOULDER, CO

    Read More
  • Fantastic Fall Fun Events in Colorado

    Read More
  • CARNEGIE LIBRARIES: The Future Made Bright

    Read More
  • Celebrate Colorado Peaches and their History at these 3 Festivals!

    Read More
  • Colorado Wine – Rooted in History

    Read More
  • 13,000-year-old stone tool cache still on exhibit at CU-Boulder

    Read More
  • The Original Coloradans: Colorado’s Native American History

    Read More
  • 12 Cool & Unusual Things to Do this Summer in Colorado

    Read More

Get a Quote

Will be happy to respond