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Home > Affordable Housing, Analysis and Commentary, housing, Manufactured Housing Industry, News, research, Trends > HUD and Census Bureau Report, New Housing Sales, April 2018

HUD and Census Bureau Report, New Housing Sales, April 2018

May 24th, 2018

HUDCensusBureauReportsApril2018ResidentialHousingManufacturedHomeDailyBUisnessNewsMHproNews

WASHINGTON, D.C. The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for April 2018,” said the joint release to the Daily Business News.  

 

New Home Sales 

Sales of new single-family [conventional] houses in April 2018 were at a seasonally adjusted annual rate of 662,000. This is 1.5 percent (±11.8 percent)* below the revised March rate of 672,000 but is 11.6 percent (±23.7 percent)* above the April 2017 estimate of 593,000,” per their statement.

 NewResidentialHomeSalesApril2018HDCensusBureauManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

Sales Price

The median sales price of new houses sold in April 2018 was $312,400. The average sales price was $407,300.  The trend lines are as shown. 

Those prices included the land.

 TrendLinesNewResidentialHomeSalesApril2018HDCensusBureauManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

For Sale Inventory and Months’ Supply

The seasonally adjusted estimate of new houses for sale at the end of April was 300,000. This represents a supply of 5.4 months at the current sales rate,” the two federal agencies said.

 

CurrentManufacturedHousingSalesDailyBusinessNewsMHProNews

For whatever reasons, the residential housing sales data is not paired by the two agencies with manufactured housing data. The charts above are being provided by MHProNews for ease of reference by industry professionals.

The monthly housing report is distinct from the manufactured housing shipments data. 

2017AverageSalesPricesNewManufacturedHomesByRegionDailyBusinessNewsMHProNews

Some of that information is found above and more is linked below. ## (News, analysis, and commentary.)

(Third party images, content are provided under fair use guidelines.)

Related Reports:

HUD Code Manufactured Home Shipments, Housing Production – March 2018 Data

Fed – Atlanta – Projects Record GDP Growth for U.S., the Detail$, MH Industry Outlook

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SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 


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