New Home Sales at 683,000 Annual Rate in April
Median New Home Price is Down 15.3% from the Peak
The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 683 thousand.
The previous three months were revised down, combined.
Sales of new single‐family houses in April 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly today by the U.S. Census Bureau and the Depa…