BRAND NEW HOMES – 6/7/21

The median sales price of new homes sold in the United States in March 2021 was $372,400, an all-time nominal record, i.e., non-inflation adjusted.  The average sales price of new homes sold in March 2021 was $435,400, also an all-time nominal record.  The peak in both measurements (median price and average price) on an inflation-adjusted basis was set 4 years ago in May 2017 (source: Census Bureau).

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