Issued June 1996
U.S. Department of Commerce
Economics and Statistics Administration
BUREAU OF THE CENSUS
CURRENT CONSTRUCTION REPORTS
New One-Family Houses Sold and For Sale
and Months’ Supply at Current Sales Rate
1 Ratio of houses for sale to houses sold at current sales rate.
Questions regarding these data may be directed to Dale R. Jacobson, Construction Starts Branch, Telephone 301-457-4666.
For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.
U.S. Department of Housing
and Urban Development
Houses for Sale
Number of Months’ Supply1
Source: U.S. Bureau of the Census, New One-Family Houses Sold.
NEW HOUSES SOLD AND FOR SALE IN APRIL
This report provides statistics for new privately owned
one-family houses sold and for sale. The Bureau of the
Census and the U.S. Department of Housing and Urban
Development jointly release this report.
Sales of new one-family houses in April 1996 were at a
seasonally adjusted annual rate of 776,000 compared with
the revised March rate of 727,000. The April 1995 rate was
The median sales price of new houses sold in April 1996
was $138,700; themean sales price was $173,700. Changes
in median and average sales prices reflect changing pro-
portions of houses with different locations, sizes, etc., as
well as changes in the prices of houses with identical
characteristics. For a measure of the change in the sales
price of new houses sold which are the same with respect
to important characteristics, refer to the price index found in
tables 7 and 8 of this report.
The seasonally adjusted estimate of new houses for
sale at the end of March was 370,000. This represents a
supply of 5.8 months at the current sales rate.
The statistics in this report are esti