On May 23, 2023, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales gained 4.1% to an annual rate of 683,000 homes in April of 2023 from 656,000 homes in March of 2023, and increased 11.8% from in April of 2022 an annual rate of 611,000 homes.
The median new home sold value was $420,800, while the average sales price was $501,300 in April of 2023. There were estimated 433,000 new houses for sale, and 7.6 months supplies of available inventory at the end of April of 2023.
For complete more detailed information about HUD and U.S. Census Bureau report of new home sales April of 2023, please click HERE
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