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Wednesday, April 8, 2020

New home sales in the South up in November 2019 compared to last year

Real Estate

By Metric Media News Service | Feb 8, 2019

Re 9

The estimated sales of new homes in the South for the month of November 2019 was 400,000, compared to 367,000 for the same month the previous year, 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 November 2019 vs. November 2018
November 2019
November 2018
Percent Change
Northeast
32,000
30,000
6.7%
Midwest
71,000
72,000
-1.4%
South
400,000
367,000
9%
West
216,000
146,000
47.9%
Source: U.S. Census Bureau and the Department of Housing and Urban Development.

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