According to a recent report by the Weekly Real Estate News, new home sales experienced a decline in the month of November. The median sales price for these new houses was $434,700, while the average sales price reached $488,900. Here are the key takeaways from the report:
– New home sales witnessed a decrease in November
– Median sales price for new houses sold was $434,700
– Average sales price for new houses sold was $488,900
While the report does not provide specific reasons for the decline in new home sales, these figures indicate a potential shift in the housing market. Experts in the mortgage industry will be closely monitoring these trends to assess the market’s overall health in the coming months.
You can read this full article at: https://wrenews.com/new-home-sales-down-in-november/
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