Home Prices Ease as New Single-Family Homes Sales Slow

In a report jointly published by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) it was reported that single-family home sales fell 0.7% in September 2019, to an annualized pace of 701,000 units. The median sales prices however decreased by 8.8%, from a year earlier to $299.400.  The lowest level since February 2017.  The Census Bureau has provided these key insights. . .

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U.S. new home sales ease; prices dip to lowest since 2017