Grand Rapids Reporter

Grand Rapids Reporter

Wednesday, April 8, 2020

Sales of newly constructed homes shows some improvement in December compared to the same month last year

Real Estate

By Metric Media News Service | Feb 10, 2020

Re 7

The number of new houses sold in the United States that were in the "completed" construction phase in December was 18,000, compared to 17,000 in the same month the previous year, according to figures released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

The Census surveys provide current national and regional data on sales of new single-family houses.

Included are current-month estimates and revisions for previous months, for new houses sold and for sale at the national level and by Census Region, and for average and median sales prices at the national level.

The results help provide an overview of the nation's current economic activity, and are used by manufacturers, insurance companies, and financial institutions to help ascertain supply and demand.

Houses Sold by Stage of Construction in December 2019 vs. December 2018

December 2019
December 2018
Percent Change
Source: U.S. Census Bureau and the Department of Housing and Urban Development.

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U.S. Census Bureau

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