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Pre-Virus, New-Home Sales Tracked Up

By RISMedia Staff

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On an annual basis in February, new-home sales tracked up, according to the Commerce Department.

New-Home Sales (Annual Rate): 765,000 (-4.4% MoM, +14.3% YoY)

For-Sale Inventory: 319,000
Months’ Supply: 5.0

Average Price: $403,800
Median Price: $345,900

Source: U.S. Commerce Department

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