New single-family house sales increased to a seasonally changed yearly rate of 745,000 in October, according to the U.S. Census Bureau and the Department of Housing and Urban Development. The October level is 0.4% above the modified September rate of 742,000, however is 23.1% listed below the October 2020 price quote of 969,000.
The mean prices of brand-new homes offered in October 2021 was $407,700. The typical prices was $477,800.
At completion of October, the seasonally changed approximated supply at the present sales rate was at 6.3 months.
Read the Census/HUD release.