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Monday, February 24, 2020

Approximately 425,000 homes sold in the South in August 2019

Real Estate

By Metric Media News Service | Jan 23, 2020

Realestate4

The estimated sales of new homes in the South for the month of August was 425,000, 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 region in August 2019
Northeast
Midwest
South
West
33,000
64,000
425,000
186,000
Source: U.S. Census Bureau and the Department of Housing and Urban Development.

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