New Home Sales up.
New Home Sales (April 2014)
– New Home Sales (seasonally adjusted, annualized) 433,000. Previous was 407,000.
The median sales price of new houses sold in April 2014 was $275,800; the average sales price was $320,100. The seasonally adjusted estimate of new houses for sale at the end of April was 192,000. This represents a supply of 5.3 months at the current sales rate.
The gains were is the South and Mid-west. North-east was down and West was flat.