US New Home Sales Jump by 11.9% in December 2021

US New Home Sales Jump by 11.9% in December 2021

(Census Bureau) US sales of new houses rose by a monthly 11.9% to reach an adjusted annual rate of 811,000 in December 2021. The sales were still 14.0% below the previous year.

New Residential House Sales

For the year 2021, 762,000 new homes were sold in the US, down by 7.3% from the 2020 level.

In December, the median sales price of new houses was $377,700, with the average sales price hitting $457,300.

At the end of December, about 403,000 new houses were available for sale, representing a supply of 6.0 months at the current sales rate. 

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