【Zillow】September New Home Sales: Stretching to Satisfy Demand

• September new home sales rose 14% from August to 800,000 (SAAR), down 17.6% from September 2020, according to the U.S. Census Bureau.
• The median sales price of new houses sold in September 2021 was $408,800.
• The seasonally‐adjusted estimate of new houses for sale at the end of September was 379,000, a supply of 5.7 months at the current sales rate.

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