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This is 10.7 percent (±18.9 percent) above the revised April rate of 629,000, but is 5.9 percent (±22.0 percent) below the May 2021 estimate of 740,000.

The median sales price of new houses sold in May 2022 was $449,000. The average sales price was $511,400. 

The seasonally‐adjusted estimate of new houses for sale at the end of May was 444,000. This represents a supply of 7.7 months at the current sales rate.