October Single-Family Home Sales Up 25.4% over September

US Census Bureau and HUD - October New Residential SalesThe US Census Bureau and Department of Housing and Urban Development (HUD) announced the results of their October new residential sales data in a joint press release. On a seasonally adjusted annual rate, new single-family home sales were estimated at 444,000 units in October. “This is 25.4 percent (± 19.2%) above the revised September rate of 354,000 and is 21.6 percent (± 15.6%) above the October estimate of 365,000.” To view the full press release, visit http://1.usa.gov/10tP2Rv.

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