October new home sales fell -17.3%; Median new home price increased +4.74% YoY to $437,300

New Home Sales Sales of new single-family houses in October 2024 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 17.3 percent (±12.8 percent) below the revised September rate of 738,000 and is 9.4 …

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