New U.S. single-family home sales down 21.5 percent from last year

New single-family home sales dropped 21.5 percent nationwide in September, compared to the same month a year earlier, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s seasonally-adjusted rate of sales reached 307,000, up 6.6 percent from August. The median sales price climbed significantly month-over-month, reaching $223,800, up from $204,700. TRD