Home Sales Jump

UP UP UP

Updated Apr. 21, 2017 3:23PM EDT / Published Oct. 24, 2012 10:33AM EDT

Damian Dovarganes / AP Photo

Another housing-data release, another positive data point. The Census Bureau reported sales of new single-family homes in September at an annual rate of 389,000. This is a 5.7 percent jump from the August 2012 figure of 368,000 and a 27.1 percent increase from September 2011, which came in at a 306,000 annual rate. The median sale price for new homes in September was $242,000, and there is now a 4.5-month supply of new homes at the current sales rate.

Read it at Census Bureau

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Home Sales Jump

Damian Dovarganes / AP Photo