November 23, 2016 / 3:12 PM / 2 years ago

TABLE-U.S. Oct single-family home sales fall 1.9 pct

Nov 23 (Reuters) - U.S. Commerce Department reported sales of new single-family homes,
seasonally adjusted, with percent changes from prior month (numbers in 1,000s).  
  
 
              Pct   Oct    Sep  (Prev)    Aug    (Prev)    Oct'15
Total Units  -1.9   563    574     593    567       575       478
 By Region:   Pct   Oct    Sep  (Prev)    Aug    (Prev)          
  Northeast  -9.1    30     33      32     24        24          
  Midwest   -13.7    63     73      76     67        70          
  South      -3.0   322    332     338    333       327          
  West        8.8   148    136     147    143       154          

   Total sales of new single-family homes rose 17.8 percent from October 2015.
  
   In 1,000s:        Oct    Sep (Prev)    Aug (Prev)
Actual Units Sold     45     45     46     47     47
Sales Prices:                                       
  Mean             354.9  364.1  377.7  359.0  356.2
  Median           304.5  314.1  313.5  299.6  293.8

Note-Actual number of new single-family units sold is not seasonally adjusted.
 
   Monthly percent changes of total sales, seasonally adjusted, from prior months as follows:

                 Sep (Prev)    Aug (Prev)    Jul (Prev)
Total Units      1.2    3.1   -8.8   -8.6   11.5   12.7
  
Number of Months:       Oct    Sep (Prev)    Aug (Prev)
 Supply of Homes        5.2    5.0    4.8    5.1    4.9
1,000 units:            Oct    Sep (Prev)    Aug (Prev)
 End-Month Inventory    246    239    235    240    236
  

   FORECAST:
   Reuters survey of economists forecast:
   U.S. Oct. new home sales 0.593 mln units
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